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All Forum Posts by: Lee Underhill

Lee Underhill has started 5 posts and replied 23 times.

Post: First one under our belt

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
@Aaron Krawitz Aaron thank you as well for your info. Yes I did buy it outright cash and I want to keep going in this real estate venture. I’d like to get the money back out so I can buy either a fixer upper to renovate and keep as a rental .

Post: First one under our belt

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
@Jennifer Petrillo thank you Jennifer I will check all options

Post: First one under our belt

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
@Richard Sherman sounds great Richard really appreciate your input and great advice .

Post: First one under our belt

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
@Richard Sherman. It’s actually in great shape we got a very good deal on this one. Are we better to do a refi or a heloc ?? Thanks for your help

Post: First one under our belt

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
We just bought our first duplex paid 140 cash numbers really are in our favor on this one very excited to keep the ball rolling . Question is in your opinions please tell us the best way to get our 140k back out to buy another property . Also curious in your opinions should we do a heloc on our primary residence to get more capital to fund deals as well ? Owe 86k house is worth roughly 375k. Any help would be appreciated. We couldn’t have done our first deal without this amazing site and great people ! Thank you all

Post: Trying to figure out best first purchase in nj

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
Looking for a wholesaler to make my first purchase , or an insider on best deals. Single family or multi families. Doesn’t matter where just trying to get this ball rolling .

Post: Trying to figure out best first purchase in nj

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
@Jonathan Herron I’m in Morris county usually the properties are a lot more money unfortunately

Post: Trying to figure out best first purchase in nj

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16

There are a bunch in Edison I’ve seen.  Closer to 80 

Post: Trying to figure out best first purchase in nj

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
I’m new here I’m living in New Jersey I’m trying to figure the best route to go for my first deal ? I have a couple friends that are buying apartments in the 65-95k price range and renting them out for 1600-1900 a month ? I think that’s a good income to start out and borrow on that investment ? Or do you think Single family flip is better ? Kind of hard to find one under 150k though . If there is anyone doing this in jersey please reach out. I’m in Morris county

Post: Want information on brrrr please if anyone can help

Lee Underhill
Pro Member
Posted
  • Long Valley, NJ
  • Posts 24
  • Votes 16
@Shawn M. I’m an Excavating contractor I’m doing a lot of watermain replacement now in north Plainfield seems like so many properties being foreclosed on and for sale . Was wondering on any input on that ? Do you have a team that does your rehab work ? Or do you just hire subs for different aspects of the projects