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Daniel Renna
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Looking for Multi Family in NJ

Daniel Renna
Posted Jun 27 2020, 10:16

Hello,

I am looking to get started in RI by looking into multi family properties. I plan to run the numbers off of putting 3.5% down and living in one of the units for a year and then renting out that unit as well. In New Jersey in particular, however, based on my research most of the multi family homes are not in nice areas. I am located in the central Jersey Shore area, and I have not been able to find anything near me that is not in the multi-millions. For those doing similar strategies in NJ, where are you looking?

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