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Updated over 9 years ago on . Most recent reply

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17
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4
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Sagar Naik
  • Philadelphia, PA
4
Votes |
17
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Beginner in New Jersey

Sagar Naik
  • Philadelphia, PA
Posted

Im looking into starting the road to real estate investing and will be moving to central New Jersey in the near future.  I plan to start doing this as a side gig since I work in the healthcare field full time.  I would like to concentrate on obtaining a multiunit rental that produces passive income and seeing if anyone else had any success with this starting out.  Any advice is well appreciated! 

Most Popular Reply

User Stats

17
Posts
4
Votes
Sagar Naik
  • Philadelphia, PA
4
Votes |
17
Posts
Sagar Naik
  • Philadelphia, PA
Replied

Hey Vanessa,  thanks for the reply.  I was reviewing the 70% rule and the 50% rule when it comes to the mortgage.  I was wondering what other data points you are taking into consideration and what rye of property are you buying (single family home/apartment/multiunit?).  Also wondering what area you were looking at also

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