Updated almost 6 years ago on .
First time home buyer in Queens, NY
Hi BiggerPockets Family! I'm new to real estate and am looking to purchase my first home in Queens, NY. Due to high property prices in the area, I am looking to get a co-op unit and then sublease it after 2-3 years. I am considering multiple areas in Queens. I am trying to hone into a particular area. Astoria is the ideal location but pretty pricey unless you get a place in the Acropolis, but after doing some research it seems like the cooperation is going through some struggles and may be a risky investment (not even sure if a bank would give a loan for a coop in the Acropolis). I'm trying to stay around 350K. A two bedroom for this price in Astoria seems very hard to find and am not sure if a one bedroom is worth the investment if the plan is to lease the unit out in a few years and have it as a rental income. Does the BiggerPockets community have any advice or recommend a real estate agent that could help me with my goals?