I’m about to relocate to Ocean County, NJ, specifically around the Howell/Brick area, due to my fiancé’s one-year medical residency.I’m interested in investing in a single-family home or duplex that I could live in for about one to three years, ideally within a 15-mile radius of Jersey Shore and Newark Beth Israel hospitals.

The Fed signaled that it will cut the rate by another half a percentage point this year and expects four more cuts in 2025 and two in 2026.”I don’t have a crystal ball here… but logic suggests as rates dip into the lower 6s, and then 5s, potentially into the upper 4s, buyer power will increase.

It's been a great experience for me, and I'm currently in search of another one. 

Tenanted properties are extremely challenging to sell and the recent change in notice period has made that worse in BC.You are in a tough spot either way, only you know your financial situation and your numbers.Even after renting it'll not cover even the mortgage interest, let alone other costs.Another alternative is to never sell and keep drawing some cash out of it by refinancing when the interest rate hits a low.

Interesting!

I would love to speak to Gap partners that would be interested in collaborting.Thanks so much! 

House hacking and BRRRRs are great ways to jump in and it sounds like you are doing your research on the backend.

Private money lending offers the ability to structure deals in ways traditional lenders won’t, such as faster closings and tailored terms like interest-only payments or balloon payments.

@Anthony Zotto how is it a “deal” if owner has no interest in selling?

With supply constraints and dropping interest rates, more activity will increase demand for this type of property.