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Updated almost 8 years ago on . Most recent reply

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Kevin Marcelino
  • Newark, NJ
5
Votes |
10
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New Member - Newark, NJ

Kevin Marcelino
  • Newark, NJ
Posted
My name is Kevin & I am just getting interested into real estate investing & will be mainly be focusing/targeting multi-family home's to buy & hold in the Essex County Area. God willing in the future expanding into Passaic & Union County. I am brand new to this type of ball game. I have read my share of books & also spoken to current investors. Here to gain as much knowledge as possible from everyone. Like I stated earlier I am interested in buying my first multi-family home. Looking to live in/rent using a FHA Finance. Would love to hear advice from the BP community on their thoughts on what would be a good deal on first home. Also in regards to picking an attorney/contractor in the North Jersey (Essex County) area to assist with the process. Would greatly appreciate any advice from the BP Community!!!!

Most Popular Reply

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24
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42
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Jazmine Jones
  • Flipper/Rehabber
  • Newark, NJ
42
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24
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Jazmine Jones
  • Flipper/Rehabber
  • Newark, NJ
Replied

Kevin Marcelino Welcome to BP and I am excited to here you starting your journey.

I just bought a 3-unit property in Newark. I would be happy to share my experience with you.

If you are going FHA, consider using M&T Bank. They gave me a $15k grant for buying in Newark because of deal. This is a grant offered only by that bank because of a deal they made when buying out a local bank.

Hope that helps!

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