Updated about 6 years ago on . Most recent reply
USE 90K HELOC TO INVEST IN NEW JERSEY; buy apt or house?
I am looking to use my Heloc equity (90k) to purchase a home or apt. The payment on Heloc for 30yr is $600 per month. I want to device a strategy for this to be initial start as I create my real estate portfolio. I am trying to find areas in NJ that are upcoming, low on taxes, decent schools, close to train to NY, and low crime. Would appreciate feedback and suggested areas. This property will be put up for rent.