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Updated almost 8 years ago on . Most recent reply

New Member - Newark, NJ
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

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!