Welcome to Bigger Pockets, amazing resource.

Hi @Mitch Messer, Thanks for your reply, Just wondering if you could please advise also like in today's market where house prices are all time high/top, is it worth to buy and rent or wait and watch...Thanks

On top of the HELOC I could take out, I also have about $100K in stockpiled cash and another $100K I could take out as 401k loans.

It all takes time, it takes time to build trust, to create healthy relationships with those in your industry & market & it definitely takes time to build a successful business.BP is a great resource for information on any type of investment relating to real estate, you just have to look for it for like 5 minutes.

On top of this, it is a very walkable city with great parks and access to water (Hudson River or Newark Bay) and a cruise line.As a heads up, Bayonne will be going through a tax revaluation shortly.

@Niels Bjørn Toppenberg If you click on a forum post, at the top on the right, there is a "follow" button.

I also laid out multiple options where they would get not only their deposit back but also some extra money on top as well to help alleviate some of the hassle with moving. 

In my humble opinion, I always believe that the time to buy real estate is NOW.... so long as you have the capital, basic knowledge, and contacts/resources to do so.

If you're looking for more resources, here are my suggestions:PodcastsEpisode 108 - Grant Cardone...

That should be the top priority.