Greetings, i am a 20 year old college student at Massachusetts College of Art and Design currently living at school in Boston.

I am a newbie investor and live in Livingston, NJ.

Only issue is the debt service coverage ratio is about 1.0 piti (20% down) will end up at about 2400/mo rent is likely 2400-2500.There is some value add work which can be done in terms bringing the finished basement up to fire code so it can be considered living space.What do y’all think.

Now, I’m exploring the multifaceted realm of developing multi-family homes.Through these experiences, I’ve learned the importance of community, adaptability, and the profound impact real estate can have on people’s lives.

Please check out the book I co-authored called Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending published by BiggerPockets.com/lendtolive.

If you want cash flow in today's environment you're going to need to do some value add.

Where You Live: It's usual practice to register an LLC in the state in which you call home.

This approach aligns with my preference for immediate equity and the potential to replicate this strategy with a second property by year's end.House Hack a New Construction Duplex: I've spotted a duplex priced at $405k that's appealing for a live-in investment.

What about the home that someone is living in?  

I just watched you via facebook live link at Wednesday nights meet up put on by Blue Sky homes.