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Updated over 7 years ago on . Most recent reply
Trenton NJ
Hi all , I bought a dump 2 family property in Trenton NJ , I purchased it for $15000 and added $50,000 in repairs totaling $65000 all in . Is there anybody here that has gotten a mortgage on a property that is decent and updated after renovations my rent for each unit is
$900x2 =$1800 a month
TOTALING $21600 a year
has anybody on this forum successfully got a mortgage in Trenton ?
Most Popular Reply
Originally posted by @Stephen Chatto:
I have noticed that the appraisals are coming in strong on WELL DONE rehabbed rental properties in Trenton.
That's good to hear. I'm rehabbing a 4br by St Francis and I was hesitant to pull the trigger because of the comps.