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Kelvin Funes
  • Ridgefield Park, NJ
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First Time Investing - Start local in NJ or out of state?

Kelvin Funes
  • Ridgefield Park, NJ
Posted Jul 25 2018, 20:17

Hello all, 

This is my first post since beginning to listen to Bigger Pockets about 2 months ago. I've gained a lot of interest and I'm hoping I can make the right moves to help my little family consisting of my girlfriend and 2 year old son. 

Our apartment lease is up in February 2019. I've been looking for a 2 family house in NJ to house hack but the market is very expensive in North East NJ (taxes range from 8-12K). 

We have enough capital to put down 20% comfortably but can someone please recommend whether I should first invest into a 2 family in NJ since our lease is coming up OR should I first invest out of state then move into a 1 family house in 2020? 

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