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Updated almost 8 years ago on . Most recent reply

Josh Solomon's profile image
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Josh Solomon
  • from Woodbridge, New Jersey
  • Member since Jul 18, 2017
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Josh Solomon
  • from Woodbridge, New Jersey
  • Member since Jul 18, 2017
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Josh Solomon
  • Woodbridge, NJ
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Buying & Selling Real Estate

New Jersey 3-4 Unit MFR for cash flow. Where in NJ to buy?

Josh Solomon
  • Woodbridge, NJ
Posted

I'm looking to buy a 3-4 unit MFR somewhere in NJ. Maximum $500k. My goal is to maximize cash flow. What areas should I consider?

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Joseph Scorese's profile image
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Joseph Scorese
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  • from Philadelphia
  • Member since Aug 25, 2009
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Joseph Scorese's profile image
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Joseph Scorese
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  • from Philadelphia
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Joseph Scorese
  • Banker
  • Philadelphia
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Joseph Scorese
  • Banker
  • Philadelphia
Replied

Hi @JoshSolomon,

Welcome to BP!

I have been working with many clients the past 12 Months and there focus has been the following in New Jersey.

* Follow all the  NJ Transit Stops (Express Stops More Concentrated)

* Neighborhoods and Schools are impacted by the transit stops

* See how you qualify by FHA and Freddie Home Possible

Let me know if there are any questions.

Regards,

Joe Scorese

  • Joseph Scorese
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