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All Forum Posts by: James LaPosta

James LaPosta has started 3 posts and replied 31 times.

Post: New Member From New York City

James LaPostaPosted
  • Union City, NJ
  • Posts 31
  • Votes 14

Hello All,

I have been a big fan of BP since I discovered it last September. I finally took the dive to create an account and to start taking real estate investing seriously. I am currently living in Manhattan with a full time job. After listening to a ton of BP podcasts and doing a lot of research, I am hoping to start my real estate career by using an FHA loan to buy a multifamily property in Union City, NJ or other areas that are reasonably priced with an easy commute to Manhattan. Any other suggestions? I am tired of paying a ridiculous amount of rent every month and ideally would like to use the Multifamily to be able to live for free. I then hope to explore what investment opportunities there are around New Haven, CT.

I would really appreciate hearing from anyone who has experience investing in those areas or who have done something similar before. I am also on the lookout for any local investor meetups in NYC or NJ. I am hoping to learn as much as possible and there is no better way than by talking to people who have already done some deals. 

Thank you!

James