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Updated about 10 years ago,
All Right! Rusty's in the Club!
Yes, we finally closed on our first investment property, a nice side-by-side duplex in Hamilton Township, NJ. It was maintained well by the former owner who has owned it since it was built. We should be able to cash-flow about $400/month. We have a 75% mortgage at 4.125%, and we funded the down payment with a HELOC, so essentially nothing down.
See it here: www.reflexhomerentals.com