All Forum Posts by: Timothy Newsome

Hey River,

Right now I live in "Central",so Im open to all areas outside of places like camden,newark unless in the good section ect.

Hello, looking to potentially use a hard money lender in NJ. Can anyone recommend some stand up lenders I can speak to? Also if any NJ agents that are familiar with using these and transitioning out of them can reach out for some advice and education that would be great seeing that I will need an investor Friendly agent over here to help guide me through everything. Looking to build a solid team over here if possible.

@Bud Gaffney

Thanks for the reply, that’s exactly what I’m trying to do just need the right team and guidance on my side. Any advice or tips? Thanks in advance.

@Nicholas L.

Hello, thank you for the reply. I plan on traveling to where I find a property worth investing in.

I’m sure I can invest somewhat closer to me but it’s very pricey I’m in NJ. I wouldn’t mind the tri state. 
as for the light cosmetic that just means not a full gut job. I don’t mind adding a new kitchen or bathroom but I don’t what to do the whole entire house again. If that makes more sense though by all means I’m open as I am brand new to this game. Look foward to connecting.

@Jaycee Greene I’m going to lean on a team I build for that as well as the pictures and the videos I can do majority of the fixing myself if I was there so I kind of know what cost what just have to see prices based on the location. Can you help?

Looks like it can be a match just have to see how much work it needs and what it can rent for.

No specific reason, just seems like cities that are trending upward and a price point I can potentially cashflow and appreciate with. I’m open to suggestions and advice. 

Thanks @Jaycee Greene for a nice welcome. Yes I’m looking for small multi family duplex to quad  that is livable for the moment if tenants are in there that I can potentially fix up to raise rents to market and therefore I can refinance pull my money back out to reuse. Or something that needs a little work for some value add to rent out and again refi my money out to reuse.

Hello BP I finally made it here. I’m a new investor and looking to invest in a small multi family. I can do 20-25% down of upwards for a $300-350k property because I can’t house hack as an out of state investor. Would love to be able to do some value add so I can pull my money back out to reuse. Looking to build a boots on the ground team that can really guide me in the right direction and be my eyes and ears. Looking to build relationships. Thanks in advance.