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Updated about 6 years ago on . Most recent reply

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13
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4
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Youwei Chen
4
Votes |
13
Posts

Looking for rehaber/opportunities in North NJ

Youwei Chen
Posted

I am planning to buy few rental investment properties, it very hard to get decent return in NNJ right buying retail right now.  I see some listing on zillow/realtor.com that require rehab  might give decent return.

Here are two sample listing from realtor.com/zillow, what does it take to make these properties into rentable condition?  Are these decent deal to do a rehab?

Ironbound - 2 units list $158k

https://www.realtor.com/realestateandhomes-detail/...

Union City - 2 family list 250k

https://www.realtor.com/realestateandhomes-detail/...

Thanks,

Most Popular Reply

User Stats

13
Posts
4
Votes
Youwei Chen
4
Votes |
13
Posts
Youwei Chen
Replied

Want to give an update. It seem too good to be true deal on trulia/realter.com usually have reason.

Union City is bank owned, we cannot see the house, but was told it need gut renovation.  

Ironbond was bank owned, and price went over $300k.

Keep looking :)

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