New Member from New Jersey

[Allan Fan]

Hi BP Community

I have been listening to the BP podcasts for more than a year now, learned A LOT, and finally decided to join the forums.

I currently have two rental properties in central jersey and looking to expand my portfolio this year. My two properties are condos and my original investment plan was to stick to condos and townhouses but then I started looking into multi families for better cash flow. 

Looking for some feedback on condos vs. multifamilies in New Jersey.

Also, looking for some advice on home equity line of credits (HELOCS) and how to use it on investment properties. I am not sure how that works or what’s involved.

Thanks in advance for the feedback