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Updated almost 6 years ago,

User Stats

48
Posts
12
Votes
Aqeelah M.
  • Rental Property Investor
  • Wichita, KS
12
Votes |
48
Posts

Where can I house hack in New Jersey but remain close to NYC ?

Aqeelah M.
  • Rental Property Investor
  • Wichita, KS
Posted

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!