All Forum Posts by: Anton Gladden

Thanks @Ian Livaich & @Steve Boianelli!

I'll reach out to the two lawyers mentioned and check out the forms. 

Let me know if there's anything I can help with at any time.

Anton

Hi,

Does anyone know of a good lawyer who deals with setting up LLC's and developing Lease/Rent to Own Agreements? I'm looking to set up documents for a single family investment in Westville, NJ.

Thanks in advance!

Anton

Thanks for the response @Kenneth Mooney. The home prices in the area are between 130k - 150k.

Thanks for the response @Bob Derwin. I'm looking to spend no more than 80k including purchase and repair costs.

Howdy folks,

I am a newbie looking to invest in South Jersey. I live in Brooklyn and work in the architectural profession in Manhattan. As you may know it is entirely too expensive to buy in NYC with my small pockets (hoping to get to "bigger pockets"). So I've decided it might not be a bad idea to invest in South Jersey which is where I am originally from.

I have $10,000 to invest so I'm leaning toward an FHA loan but would be open to a hard money loan. The issue I've come across is the experience and upfront costs associated with hard money loans. FHA loans seem to take from 60-90 days to close so I hope to avoid at all costs.

My overall goal is to buy a rehab project using the BRRRR strategy.

What would you do with $10,000 cash?

Are there any areas in South Jersey I should focus in on at a reasonable price range? I have been looking in Woodbury which may be a good start.

Lastly, do I have any options other than an FHA loan to finance a deal?

Give it to me straight! I'm open to any and all suggestions.