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Where can I house hack in New Jersey but remain close to NYC ?
Hi everyone,
My goal is to house hack (live in one unit and rent out the others) a duplex - 4plex in New Jersey for 1 yr or until I am able to refinance. For prices around 100k-200k. I plan to have a co-signer for my FHA loan (I dont have W2s but I have cash and a great credit score) and place my reserves into fixing up the property and getting it rented. I would like to remain "close" to NYC.
Does anyone invest in New Jersey have any advice on creative ways to find amazing deals on duplexes-4plexes that may need work ?
Are there any areas in NJ that are perfect for this specific model of house hacking?
Thanks!