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Updated over 1 year ago,
type of property to buy for renting out.
I am new to real estate and was originally planning on doing the house hacking method to get started but in my area getting a multifamily is nearly impossible nowadays. I am in NJ and I already got preapproved for a loan and have about 30k cash at this moment. should I go for a single family or condo for now instead since they're more available? are buying condos worth it? I am also applying to work remotely to see if that can get a remote job. I am open to any suggestions.