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EP 36: Does Your Financial Profile Matter When Purchasing NYC Real Estate?

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Does Your Financial Profile Matter When Purchasing NYC Real Estate?

The John and Jonathan Sell NYC Podcast: Episode 36

In this episode, John and Jonathan are covering how different financial profiles can make purchasing NYC real estate easier or harder.

What Makes It Easier To Buy NYC Real Estate?

  • W-2 Income
  • Cash Buyer
  • Purchasing a property as a primary residence

What Makes It Harder To Buy NYC Real Estate?

  • Purchasing a property as a pied-a-terre
  • Having a high debt to income ratio
  • Having low post-purchase liquidity
  • Having a largely fluctuating income
  • Co-purchasing, guarantor, parents buying for children, etc.
  • Being self-employed or an entrepreneur

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