Want to purchase 1st REI property in Hudson County, need help!

[EDWARD M.]

For about two months now, I have been searching for my first investment (preferably rental) property in the Hudson County, NJ area. I feel as if property prices are extremely high and i can't seem to find the numbers I want in a duplex, maybe a 1.25 DSC, rents are high but purchase prices are just as high. I've looked in the North Bergen, Union City, Jersey City Heights, and West Bergen JC area (least familiar with). What am I doing wrong?!

[Allan Szlafrok]

Market is red hot right now theres really no where to go in Hudson county. Just keep plugging away and expand your network and eventually youll get a piece. Dont give up!