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