Many people in your position consider speaking with potential partners and co-signers.The co-op/condo market offers more options within your price range.

Hows the market in NJ now?

Market rent in the area is around $1,800-$2,000, although working market rent out is hard as there's nothing of this size, or condition available in this pocket of the Columbus. 

I'm particularly passionate about providing investors OFF MARKET FIXER PROPERTIES! 

Hello Andy, if your 1st property is finished you will be able to pull 75-80% of the market value out of it, if you have a minimum of a 660 Credit Score you can get a DSCR rate which will be in the high 6 to low 7% range.

Huge market with good returns.

Let's say i have an off-market deal for a two unit multi-fam in aguadilla for $240 "as-is".

The brokers will have the best pulse on the market - I'm an investor & broker in NYC and can attest that because I'm in the trenches, I have a good sense of what the ARV is on a property. 

I also think that we are very close to a 1929 Market crash, and everybody seems to think that we are doing great.

I bought it at the peak of the market.