Newbie from NJ

[Dawn Fu]

Hi BP! 

Very excited to find this website, and love this community a lot! I currently own a townhouse in Essex and would like to have an investment property this year. I'm interested in Northern or Central Jersey, and open to all others. It seems Multi Family is best choice in Northern NJ, but why they're better? From loan perspective or rental management? And what are the pros and cons for SFH? We have around 60k down payment, and like to have positive cash flow.

Thanks everyone in advance.

[Aly W.]

Greetings from Central NJ, @Dawn Fu ! My husband and I own a couple of rentals in Trenton. Not sure if that's an area you're considering, it's quite challenging.