NJ Essex County Properties!!
I wouldn't call myself an investor yet because I never closed any deals yet. But to get to the point many investors are buying in the Essex county due to according to my research a 13% value increase within the next year, due to the expansion of the commuters to New York. What would a buy and hold investor or maybe flipper pay for properties in this area? 80% of ARV? 100% of ARV? I know this question is broad because of the possible chance that repairs might need to be included. The only reason why I ask is because I'm looking forward to wholesaling deals there, specifically in Irvington. And I want to determine what would be a fair number to lock up properties under contract to make win-win deals for everyone.