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Updated 10 months ago,
Looking for a mentor in NJ!
Hi! I just recently moved back home to NJ for work and decided to move back in with my parents (not fun but ironically closer to where my job got transferred rather than getting a place) so I am saving a ton more money that will hopefully enable me to make my first deal this year. I am hoping to buy within the tristate area (NY, NY, PA) but am open to purchasing out of state if the situation works out, as I may not live here forever. I work in Construction Project Management and have found that way more people than I think have found an avenue into RE that has been supplemental income and even a hobby for them depending upon which route they took. I am eager to get started and would love to get the know the market here at home.
With that said, I am new to this end of the industry and am looking for some guidance and advice in every aspect.
-Is an LLC worth it?
-what kind of deals are you finding here?
-is it worth doing a fix and flip first for a quicker cash return?
-How much money did you have when you got started?
-what type of low down payment financing options do I have outside of FHA?
Thanks to anyone that replies! Looking forward to connecting.