Hello, I am currently undecided between saving majority of my checks to put down 10-20% for a mortgage on a Co-op as houses here in NYC are ridiculously expensive.

Apartments with 2-3 bedrooms run from $2,000-$3,000 a month renting.

Just want some outside advice. I am currently budgeting and living with my mother. The living situation is tight with me and my kiddos. What’s the better option? Would it be better to continue to save for a down payment and own or just settle & rent?

I have been doing so much research on what to look for in regards to apartments and Co-ops. So far I have found the area I would like, with great prices and everything that is needed for everyday living.

Anyone with experience, please share your previous or current journey to owning? It would be greatly appreciated.

Thanks in advance!