The point is if you do real estate all the time, you live through high and low market and your average return should be all right.

This stability shows resilience in the condo and townhome market.Dollar Volume: Dollar volume saw a 23.4% decrease to $406.02 million, suggesting fewer high-value transactions compared to last year.% of Original List Price Received: Sellers received 94% of their original list prices, down from last year's 96%, indicating minor shifts in negotiating power.Median Time to Contract: A significant change here, with the median time to contract increasing by 73.1%, from 26 days to 45 days.

Despite this drop, nearly half of transactions are still cash, showing continued confidence in the market.Median Sale Price: Prices held steady with a slight increase of 0.5%, reaching $420,000, showing resilience in the condo and townhome segment.Dollar Volume: Dollar volume decreased by 11.8% to $830.23 million, suggesting fewer high-value transactions compared to last year.% of Original List Price Received: Sellers received 95% of their original list prices, a small dip from last year’s 96%, indicating minor shifts in negotiating power.Median Time to Contract: A significant change here, with the median time to contract increasing by 56.3%, from 32 days to 50 days.

Are there any recommendations for ensuring inspections go smoothly?

If you and I were working on this one to get it refinanced, my recommendation would be to complete the reno before letting an appraiser in the door.

If I were you, I spend a few dollars on an "expeditor" or "architect" to review and give you recommendations.

I have no W-2 income and have been advised to consider DSCR no-ratio loans, but current rates are in the low 9% range, which seems high.

Hello BP Community,Can anyone offer me a sound and professional property management group in the northern NJ area who have vast experience in multi-family services that comes highly recommended?

I am looking for a place with high occupancy rates that can yield a good return on cash invested, ideally around 25% or up.

I could tell you that Ardmore is super safe but youre looking at $1M+ for a quadplex.If you need help getting in touch with a lender and seeing what you can get qualified for, don't hesitate to reach out.I would recommend NE Philly and Bucks county as they are very close proximity to princetonI would:First get preapproved and then start to target the areas I would be comfortable living in.You might have better luck with Duplexes in the philly area as there are more of them out there.