1st real estate investment on 100k salary in NYC

[Jesenia Calderon]

Greetings savvy investors! I am a young professional making just around 100k in the big apple.  I was hoping to get advice on which type of property and borough is a smart financial move.  New York has ridiculous rental prices and after this year I want to take the plunge and purchase my first home!  I want I know if this a smart move to make in a large city. Should I wait to move to a more affordable state which would probably be in 3 years if I decided to do that or not waste time or rent money and just purchase a home here? Or commute to Jersey?  Is my salary not enough to profit in the long run? Please S.O.S!

[Joseph Scorese]

@Jesenia Calderon

How are you. Would suggest analyzing the NJ Transit Stops specifically communities neighboring Express Stops back into the NYC, consider house hacking with multi family units (2-4 units) and monetize your overhead short term. Regards Joe