Most importantly, we view this as a strategic move to grow our real estate portfolio.

I'd be happy to answer any questions & help others grow their business! 

Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.

It's at around 580k now and continuing to grow but for someone else's benefit.

As long as the property generates enough cash flow to service the debt, you qualify—without the need for personal income verification.This type of loan is ideal for those serious about growing their real estate portfolio, especially if you’re self-employed or have irregular income streams.Why DSCR Loans Matter for Real Estate InvestorsWhen it comes to real estate investing, traditional loans can often be restrictive, requiring personal income verification and imposing limits on the amount you can borrow.

My Investor clients are doing well here.Besides the better than average cap rate, Kansas City is growing and has reasonable property management rates.  

This directly impacts an investor’s ability to grow rental income.

Setting up systems now will help you scale smoothly as you grow your portfolio.

Currently living in Jersey but my wife and I are wanting to move to Florida to keep cost of living lower and start growing investments.

The biggest pitfalls I have seen among many of my peers while growing up in my 20s is that they tend to either get wrapped up in student loan debt, other debt, or lose aspiration in exchange for financial contentment.