Buying a Home....in NYC

Most people don't have the thought or what it takes to have their own home. 30 years of stable income isn't gaurenteed, so it's a risk, a gamble.

*Have at least 30 to 35%, or 40% of your dream homes Listing price...For down payment....Ideally, it's best if you have 50% but low likihood for most people.

*Have that amount in the bank for a while..... Aka at least two months and up....if you want a higher chance to be approved for a bank loan.
Or dream of IRS concerns ...Esp if your income don't match "your full cash" purchases....

*Think of how much you can pay off while maintaining your life habits with your current income.

For a loan of $100,000 to be paid off in 30years, it's about $477 each month....

Not including ....Condo/house...Property tax and  Condos have common charges..On top of that
Co-op.... Maintaince fees...And usually don't include all utilities. ..

Queens:
A cheap crappy co-op roughly about $200,000 right now.... The studios to one bedrooms.... Maintenance fees anywhere from $400ish to $1200... Depending on the place....

$325,000 - $350,000
Would be more ideal for a couple's income to support it's expenses....That's if you're both making at least $42,000 or above annually or lives in a super cheap in frugal life style....In NYC