All Forum Posts by: Sean Peart

 Thank you for your info will reach out 

 Thank you I will PM you 

Hi everyone, I am looking to turn my front yard garden into a driveway. I went to the newark city hall to see if I can pull a permit. They told me I need to file a zoning and variance application and I would need a lawyer to argue my case infornt of the newark city board. Does any one have a lawyer in Newark NJ that has gone through the zoning and variance process. I have been looking but can't find a lawyer that works in the newark area on these type of cases

Thank you. 

At first, i tried to put in minimum FHA but i move up my down payment to 5% my realtor says 5- 10% down would be a good indication to the seller i am seriously interested 203k rehab loan, maybe that's an option find a fixer-upper

Okay I am going to start looking again, maybe I will find the deal of a lifetime. It is hard to compete with FHA, I think FHA is a good starter loan because its federal back and low requirements. But due to the sellers refusing FHA should I continue with FHA?

I am using FHA, my realtor told telling me no one wants FHA. Does it make sense to continue looking with FHA?

 in 2020 i made 6 offers 

and 2021 i made 5 offer

2022 I made 1 offer

Thanks for the response

I am hoping to go on the hunt again in 2023. But my realtor told me I am getting bid and no one wants FHA. is this true?
 
 

Hey Everyone; I have been saving for some time now to get my first investment property. I am looking for a 2 to 3-family, one unit I can live in and the others I rent out. My goal is to live for free while the other units take up the mortgage.  I started out looking during 2020 and 2021, and every time, I am being outbid or the houses do not meet my goals. After seeing the crazy market, I am wondering if my dream of buying a 2 - 3 fam in Newark for 380k is dead. Any advice would be greatly appreciated. Also, I hear that 2023 should be a better market for a buyer, should I just wait out the market?  

Thanks