Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 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.