New Investor in New Jersey

3 Replies

I am a new investor in New Jersey. Need advice on how to invest in Wholesale, fix and flip.

Hi @Kaamran Zia  welcome to Bigger Pockets. You can do this! Why not start small and buy some rural vacant land, for say $500, sell for $1500 and keep growing your acquisition balance to where you are comfortable enough to make some other decisions? And while you are doing that you can sell a few of the nicer properties with owner financing and sit back and collect $199/mo per property for doing nothing. Totally not crazy. A ton of us are doing it. Great way to get rolling in real estate and since you are paying cash for everything you don't have to worry about credit - AND - you will sleep great at night because everything is paid for.  I'm here to help if you need it!

Hey Kaamran,

I would get started by joining the meetups at www.sjreia.org.  Some people there may have flips and they do walk through.  Give a better perspective of the flip side.  Some times they go thru cost of certain fixes which helps to avoid overpaying.  

Welcome to BP! I am a broker and Investor in Burlington County. BP is an amazing resource and you can learn just everything you could ever want to know on here.

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