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Updated over 5 years ago on . Most recent reply

User Stats

3
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2
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Adrien Canery
2
Votes |
3
Posts

Advice/Guided needed for Young REI

Adrien Canery
Posted

Hi, I am a junior in college looking for advice/guidance on how to purchase a home. I am looking to purchase during 2023-24 because that is when I'm hoping to start medical school. I'd rather put a down payment on a SFH and rent out the house than pay rent. I have 10k saved up and should have about 30k when I plan to purchase a home. Also during the mean time, I am planning on building my credit so that I have a great credit score. Is there anything now I should do in the mean time? Is this idea too risky due to the high property taxes in Nassau County and Suffolk County? I am very open and receptive to advice and would love to hear the experiences/stories anyone has in this realm. Thank you

Most Popular Reply

User Stats

32
Posts
6
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Scott Justynowicz
  • Investor
  • Massapequa Park, NY 11762
6
Votes |
32
Posts
Scott Justynowicz
  • Investor
  • Massapequa Park, NY 11762
Replied

@Ryan Cleary

On the rookie podcast, they had mentioned NYS laws for tenants and landlords would be changing but didn’t elaborate. Have you heard of any recent or imminent changes?

Thanks!

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