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All Forum Posts by: Michael W. D.

Michael W. D. has started 2 posts and replied 11 times.

Post: Rentals in New Jersey

Michael W. D.
Pro Member
Posted
  • Real Estate Broker
  • Essex County, NJ
  • Posts 11
  • Votes 4

Hi Anthony, you seem to be positioning yourself well with your game plan in mind.  You will never have the same opportunity to buy with minimal money down, especially in a high-tax state like NJ, (even more so, Essex County), as you do when you are buying for a primary residence.  Leveraging the ability to finance your 'house-hack' can allow you the opportunity to own multiple properties over the course of several years.  Keep your monthly expenses in mind when you are looking at these properties and also keep in mind the expenses of the planned renovation as well as the total time estimated for completion.  If you want to talk, look me up or send me a message.  I'm an agent in NJ as well and work in Essex County.  Wish you all the best.