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.

I'd like to thank Brandon Turner for his successful efforts in establishing a community for would-be and aspiring real estate investors.

2.Are there any potential risks we might be overlooking with the financing setup or local real estate market?

My mother is in the beginning process of purchasing a home in the Bronx, NY as an investment property. My question is would i be able to be an owner as well if I did not put any money down. Also, how would members sta...

Hello Everyone, I am new here but i’m looking for some new connections to help me grow my knowledge and portfolio in real estate.

If anyone wants to connect to talk about real estate please feel free to reach out and connect with me!

Maryland real estate attorney here.  

My goal here is to finally get into real estate investing and hopefully get my first property here soon.

I am an investor based in Fairfield County, CT and just rejoined BP after many years away.From 2005-2011, I got up to ~150 units in SF & MF both rehab & new construction, Class B & C, but (regrettably) sold all to focus on institutional real estate and private equity.Since selling off, I got an MS degree in real estate and participated in most asset classes institutionally ($10-250mm+) with a focus on SF & MF.

In general - commercial loan on a fourplex is cheaper to originate.