There's a high multifamily inventory in Essex, Passaic, and Hudson counties.

The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

Banks usually like to have their loans secured by assets such as RE, equipment/inventory, or other tangible things.Hope this helps.

All are within 30 minutes of major employers.  2) Like most metro areas in the surrounding states and regions, we've had an inventory shortage for more than 5 years.

The property manager we work with offers reasonable rates for this service and will take care of inventory management, leasing, maintenance, and overall property management.Always buy a property that would also be a good long-term rental.

I found a new build I like and in my price range while visiting Charlotte this weekend.

In cities with significant and sustained population growth, rents and prices will rise faster than inflation, enabling financial freedom.Conversely, rents and prices rise slowly in cities with static or declining populations because the current housing inventory is sufficient.

The average LTR for the area for a 2 bedroom ranges anywhere from 2400-3400 (in the summer) the town I'm in is an extremely sought after place to visit also it is very close to D.C so rent tends to be on the higher side.

Next year i'll hit top pay and should start bringing in 1.2-1.3k a week. and the year after that i plan to move to linehaul and make about 2k a week.I do have a lot of debt, or at least it feels like it to me. the breakdown being;23k in college debt i got getting a bachelors that i never used across 5 loans ranging from 3 to 5% interest rate5k in bank loan debt i got getting my trucker cdl a at 12% interest rate.2.5k in credit card debt from not having an emergency fund and then having emergencies.

Tbh, she does not like properties in that $190K price range and frankly neither do I anymore unless we can seriously value ad for at least $1,000 cash flow.