Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

Account Closed
5
Votes |
44
Posts

Getting stuck with over analyzing to buy in Pa or Nj

Account Closed
Posted
Im in North NJ and i have been researching rentals in both Philadelphia pa and north NJ areas. Interest rates are increasing and im trying not to panic. Im trying to do the following Buy a 2 or 3 unit property to house hack, rehab a little and use a conventional loan 5% down and living in on room in one unit, rent the rest rooms out on airbnb. Trying to get 8% plus cap and live rent free with $600 plus per month in cash flow. Im trying to compare and see over 10 years down the road. Which would come out better in terms of financially as cash flow is all i care for. How should i choose and pick? Any advice that can help me pull the trigger

Most Popular Reply

User Stats

1,489
Posts
1,024
Votes
Alex Deacon
  • Investor
  • Pittsburgh, PA
1,024
Votes |
1,489
Posts
Alex Deacon
  • Investor
  • Pittsburgh, PA
Replied

@Account Closed dont panic. Those who panic are short term thinkers and will fail in any market. Be smart. Buy only what makes sense financially and fits into your business model. I love when interest rates go up and the market crashes. I cant wait. 

Loading replies...