I personally wouldn't buy a condo as an investment property unless you don't have a primary residence and plan to house hack it (e.g. buy a 2 bedroom and live in the unit and rent out the other bedroom).

According to accounting firm Deloitte Private, the number of single-family offices, or in-house investment service firms of families with a net worth of $100M+ is expected to rise nearly 25% from 8,000 to 10,720 by 2030.

- What data points do you consider the most when looking to invest in a market?

Investment Info:Townhouse buy & hold investment.

Investment Info:Townhouse buy & hold investment.

And that's even using the high rent estimate, a low vacancy rate (8% would be more realistic), and a very low property management expense (10% of rents is pretty standard), just for starters.If you personally were going to live in this property, it would likely be a slam-dunk...... but, as an investment, it's a money-loser!

They can help ensure that you fully understand the terms, any potential risks, and the implications for your investment.

A lot of people like to tout that private lending is this risk free business alternative to owning your own investment properties.

Happy to answer any questions on the Jersey City market.  70% of my clients are moving from NYC and it is a great place to invest in.

Your mention of using the solo(k) for down payments on real estate investments could end up being prohibited depending on the details and structure of the investments.