Originally posted by @Naga Avinash Raya:
Hi, I am 23 years old and live in NJ. I have been reading, listening to podcasts, etc. For almost a year now and part of me is like I need to learn more and the other part of me is like do not get stuck in Analysis paralysis.
I am in a dilemma about whether I should buy a rental or BRRR. I have enough money for a downpayment and closing costs I also do not know whether to invest in NJ or out of state. If I do invest in NJ I can FHA and househack, if I dont then I can either buy a turn key property out of state or BRRR. Another thing that is bothering me is the decision of whether I should invest now or wait a little bit because of the current condition of the market. There are so many things I have to figure out and I need some guidance. Any help is appreciated. Thank you!
Hope all is well, one thing for sure a few years back I noticed not a lot of people from newark nj participate in this website.
I was also looking but decided to learn how to wholesale instead and had great success.
Now fast forward I'm still new but have cash, not sure if your running into the same problem but im having issues finding realtors, reliable ones anyways.
We should connect because im looking to use a FHA, 203K or just wholesale again or out of state investing because I know I'll be able to leverage my funds further.
One thing for sure the stock market and real estate makes no damn sense at the moment everything is high for no reason.
If you want shoot me a DM to discuss