Household formation spiked sharply in COVID, and that had nothing to do with population growth, and perhaps a lot to do with free money, great jobs, work remote, and more.

There are many investors looking for rental properties in Bergen County area and established investors there already. 

Establish a partnership ahead of time and put it in writing/contract 50/50 60/40 70/30...

It has to be the right partner and any relationship should be established slowly. 

Yes a commercial property/ multi family might be a lot to take on.

If you are looking to work for a large, established development firm this makes some sense.

@Kyle Hassig I would have worked to scale up faster and looked to establish myself with financing partners.

I feel like there are a lot of options available to make this work, but it's a lot to orchestrate and as a first time buyer, I'm looking for advice or someone who could provide some perspective for us.Thank you for reading this, and for all the information in this forum and the media content this place provides.

Do you have established business Credit in the LLC name? 

@Deanna McCormick has it right;  Establish your criteria AND STICK TO IT.If the SSN & CR are criteria and they can't provide it, then the answer is clear.