This will save you time and effort, as you won’t have to travel long distances to manage different properties or handle tenant issues.For your first investment, I suggest starting with 2-4 unit properties.

It takes time to identify these properties  and often requires physical observation, not merely sitting behind a computer scanning through property listings, but they are out there.

However, even with this delay, there is no indication that rates will be increased further, which provides some stability for investors, homebuyers, and business owners looking ahead.What This Means for the Housing MarketHigher interest rates have undoubtedly slowed the housing market over the past year, but demand for real estate remains strong, particularly in growing metropolitan areas.

My wife and I purchased our first home, a multi family, to house hack in late 2024. The property is in great condition and we got it at a great price! Downstairs 2br 1bath unit we are living in. Upstairs is 1br 1bath....

The bad ones will want 50% upfront, you'll have to plead for update pics, they'll find reasons to increase their initial bids (multiple times) and will want final payment before meeting you for final walk-thru.Many investor-friendly agents have NEVER owned a rental, so you can't really rely on their advice.

I'm a real estate investor in other parts of the country but not NY due to the extremely high buy in price.

As others noted, you are likely limited in what you can legally do anyways, so you won't be saving a ton, and depending on how you value your time, it will likely be cheaper to higher professionals to do it anyways.

Their answers are always along the lines of "no money down" or "you can use it basically an unlimited amount of times".

If they’re financing, the process already takes time, so a slight delay probably won’t matter.If the home is vacant, maybe they can move some things in as a short-term tenant until closing (if their lender and community allows it).

It was on the market for a long time because it didn't qualify for conventional financing will it being unlivable.