Financial is as follow:listing price: $310,000property tax: $ 6,500potential rental: $2,200/monthWith 20% down payment, the cash flow would be about $455/month, or a ROI of 0.734% per month or 8.8% annually. obviously, the 50% rule does not work here, but i found that to be the case with most properties around new Jersey.

However I came across this deal I don't know exactly how I can finance this buy and hold.Today I saw a 6 family unit in the Bergen Lafayette section of Jersey city.

@Hector Martinez welcome to BP -> truth about wholesalingKeyword alert examples : New Jersey, service, hud, homepath, homesteps, Marine, Army , Navy, buy-hold, 2% rule, and etcGood luck - Deadly Mistakes For Real Estate Investors to Avoid -

I wish that law was enacted in Jersey as of a week ago.

For example, in California rates charged on hard money loans start as low as 9%, versus rates starting at 14% in New Jersey.

Hello Bigger Pockets members! I'm a full time RE agent and an avid investor since 1998 just outside NYC in NJ. I caught the bug while working for Deloitte in their Real Estate practice group and got an inside track ...

Are you familiar with Camden New Jersey?

This is my first trip to this site, which seems very similar to my favorite forum for my favorite sport of Mixed Martial Arts. Right now I'm simply learning as much as possible from books and podcasts while I get my b...

Hi BP Community,I am living in Manhattan, looking to invest in a buy and hold property in greater New York and/or New Jersey (pretty much anything within 1-2 hours by train from The City) for some passive income.I'm originally from Ft.

I'very spent most of my life in New Jersey (23 years) and my fiancée has spent a lot of her life in CT so I am pretty familiar with those areas.