Hey Guys,Hope all is well, for the past month or so i've been looking for a property to flip in the central jersey area (hamilton, nj) and came across two i would like to make an offer on.

@Erick Correal In New Jersey, it becomes a REO.

I am starting a RE Investment company that is using the BRRRR in South Jersey so I am a rookie.

I am from New Jersey to those that care, and have purchased my own home, but I have no idea how to purchase a foreclosure.

Im from New Jersey but my job sends me all over to work on assignments and I may not be back in Jersey for 2yrs.

@Amber SchenckSounds like Jersey shore and your friend wants to tear down the existing house and redevelop the lot into a new more modern, and more expensive house(S).The Federal inheritance tax threshold should be higher than the value of the property, but you never said what the current value is, so don't want to assume too much.And the capital gains tax has a "stepped up basis" one of only a very few good aspects of tax law.

Anyway, I'm trying to figure out how to make this money grow so I can buy a condo in my city (Jersey City) - there's a lot of redevelopment happening in my parts of town (Downtown, Journal Square, Newport Pavonia) and a lot of bad neighborhoods as well (Greenville, Westside, The Heights).

I am looking for some advice on investing in North Jersey.

My name is Bryant Hamilton, I am 20 yrs oLd in college currently residing in New Jersey, South to be exact. .

I have 48K being locked down in a New Jersey case for fraud.