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Updated almost 9 years ago on . Most recent reply

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Ravi Hersh
  • Brooklyn, NY
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Trenton NJ

Ravi Hersh
  • Brooklyn, NY
Posted
Hi all , I bought a dump 2 family property in Trenton NJ , I purchased it for $15000 and added $50,000 in repairs totaling $65000 all in . Is there anybody here that has gotten a mortgage on a property that is decent and updated after renovations my rent for each unit is $900x2 =$1800 a month TOTALING $21600 a year has anybody on this forum successfully got a mortgage in Trenton ?

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James Dodson
  • Flipper
  • Morrisville, PA
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James Dodson
  • Flipper
  • Morrisville, PA
Replied
Originally posted by @Stephen Chatto:

I have noticed that the appraisals are coming in strong on WELL DONE rehabbed rental properties in Trenton.  

 That's good to hear. I'm rehabbing a 4br by St Francis and I was hesitant to pull the trigger because of the comps.

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