Quote from @Jonathan Greene: You shouldn't do either of those with your mother's money unless you have the experience in real estate investing.

Quote from @Jonathan Greene: Unfortunately, nothing about this sounds good.

Long Distance Real Estate investing my David Greene is the best book out there on this subject.

Read "Long-Distance Real Estate Investing" by David Greene and watch videos from Dave Meyer to learn about the hottest markets in 2024.

Quote from @Jonathan Greene: You have very strong equity in your current home, but you don't want to burn it all and make your house worth less with more leverage.

@Jonathan Greene Thanks Jonathan I will explore using a single person vs a management company 

He has a Zinus Green Tea at his apartment that used to be in his bedroom and he is sleeping in the guest room.My brother in law went on hospice 2 weeks ago so we might have my sister in law move in with us until she goes to live with her son in San Diego so we needed it.

The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender. https://www.biggerpockets.com/blog/core-four-real-estate-tea...

Quote from @Jonathan Greene: 20k is not going to get you anywhere at all in Northern NJ and don't let anyone tell you that it will. 20k is just your reserves you need on your first deal.

Quote from @Michael Bishay: Quote from @Jonathan Greene: You are talking about this like it's a video game where you just can collect things for prizes and it all works out.