Investment Info:Single-family residence buy & hold investment.

Examine past vacancy rates and take into account different rental kinds, such as apartments, single-family homes, and dorms, to determine this.

My wife and I have good credit and she has a decent job making about 80k a year but I am the main bread winner of the family.

I plan on investing with some partners, mostly close friends and family.

The loan program I was offered is the Family Opportunity Mortgage.  

I’m looking at purchasing an old single family house on a 25x100 property with 25’ of frontage on Summit Ave. in Jersey City’s Heights neighborhood.

I'm a single family guy, but one part I know a little about is the underwriting. 

I am considering two properties: 1) A home DeKalb County (Decatur) that is zone R75 for single family zoning.

Let us discuss how to finance properties if you don't have a W-2 job, what are you all doing in this high-interest rate environment, what are the benefits of single family housing verses multi-family, vs self-storage. 

Some feedback that the agent has from showings and her insight:-2 bedrooms /1 bathroom upstairs & 1 bathroom downstairs is not an ideal situation for roommates or a family.