Unfortunately, North Jersey is probably one of the hardest BRRRR markets in the country right now because of extremely low inventory, high demand, and pushed up prices because single-family home buyers are buying the properties that we all used to buy to fix up because they are desperate.You can BRRRR, carefully, into many parts of Pennsylvania though but remember that interest rates right now make it very hard to BRRRR.

The beauty of Roth investing is the income tax-free nature of the returns. 

Fannie does have a guideline that allows a property to be deeded over to an entity so long as the original borrower is also in the entity, but you have to wait 6 months of seasoning and maintain continuity of ownership.  

Birds of a feather flock together!

Purchase price: $420,000 Cash invested: $15,000 This buy-and-hold property generates a steady cash flow, with a gross monthly rent of $3,900.

One issue that I have not seen addressed, is the cost of the home, which will greatly affect your cash flow. 

Your current plan seems like a lot of sacrifice for limited gain.  

There is a great group of members on here to connect with.

Glad to have you as a part of this awesome community, Shannon! 

Total rent between the three is $3200/month.I have an adjustable 20 year mortgage with a balance of $100,000~ at 4.95% that is set to adjust in 2026.I also have a HELOC on that property at $180K~ with a 9.75% rate.