Investment Info:

Single-family residence buy & hold investment.

Purchase price: $174,000

Cash invested: $16,000

Bought a single-family home in spring of 2021. Rented it out for three years before...

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well. 

Real revenue has not lived up to projections.

The projected growth in the local population and economy creates a fertile ground for both residential and commercial real estate development and acquisition.

Rates are also better with these than with an investment loan.There are a couple of investment loan programs available that offer 10% down as well with no PMI, but they have slightly higher rates.

Also for me I do not consider this as investing in real estate.

Hello, my name is Desiah Barnett. I am based out of Westchester County, NY, looking to invest in multifamily properties. 

That's your maximum offer - if the seller doesnt like it, they can kick rocks. 

It's a super affordable real estate market where you can still find deals that hit the 1% rule anywhere from $120-180k for a single family (or $200-250k for a multifamily) purchase price.

For those that do not feel comfortable enough with excel to build out a tool on your own, I would suggest starting by taking excel courses focused on dynamic real estate modeling.