@Jordan Tinning - Please message me with the answers to my follow up post above until I am unspammed by BP to get started.

Good Afternoon BP Community,Quick questions regarding starting out in my real estate investing journey. After everything I read, it seems like it all comes down to "having a team", "if the numbers are right", and "fin...

@Jordan Moorhead what bank loan are you thinking of? 

Quote from @Jordan Moorhead: Love this!

This home was behind my current 3 family home (I Live in ) it was the hoarders home in a great community and I could put parking on the lot - If you Live near the Jersey Shore you need many places to park How did you find this deal and how did you negotiate it?

We had to go meet many vendors in person to show we were not that company from New Jersey that stiffed them.We don't operate that way. 

I am considering purchasing a large 2 family in the Bergen-Lafayette area of Jersey City with plans to convert into two condos (plans area already in place).  

Appreciate your input, I've looked and analyzed a deal recently for a very small facility (70 units) about 9k sq ft of space in New Jersey with cap of 10% (but thats before the tax reset and needed capex).

I am looking to offload one of my properties a 2 family duplex in Greenville, Jersey City that I got for 5yrs ago.

In New Jersey pseg will repair appliances if you have a $6-10/mo plan per covered appliance with them.