Extra newbie here educating myself everyday on the real estate investing area.
Since I live in S. Jersey, I am looking into the Trenton Area in order to stay close to any future investment deals. My main question is: should I create an LLC or purchase future deals under my own name. My personal credit is 800+ and I will like to take advantage of any great deals that can come out of it. Or will a new LLC have the same advantage?
Also, looking to start with single family flips in order to get familiar with great contractors in the area and move my way up the chain. Is a single unit (2 bedroom) house $50k +/- a waste of time for my ROI?
Any info will be great appreciated.
Any S. Jersey meet ups happening? Let me know!