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All Forum Posts by: Cristian Grullon

Cristian Grullon has started 3 posts and replied 4 times.

Anyone currently using the BRRRR strategy in NJ?

Post: 4-plex 20% down smart move?

Cristian GrullonPosted
  • Posts 5
  • Votes 0

Is buying 4-plex 20% down a smart move? My wife and I Own 1 duplex and are looking for second investment property

@James Gates hello James! Congrats on your success! My name is cristian Grullon and I'm a newbie investor out of central jersey. My wife and I broke into real estate with our first owner occupied duplex.. thing is we have some capital and the BRRRR method has really caught out attention, I've spent weeks and weeks researching and retaining as much knowledge as possible truly is overwhelming! My biggest question is what's the best way to fund the project?! Did you use hard money? Do we do it all cash with the capital that we have, paying for the home and rehab??? Any feed back would be helpful! Thanks!

Hello bigger pockets! Im new here and recently broke into real estate with my first duplex (FINALLY!!!!!) So I’m located in central New Jersey I own 1 duplex which my wife and I moved into in Elizabeth NJ... we have some capital for maybe 2 or 3 homes 20-25% down.. WHERE !?? Is the big question we can’t seem to decide on... my area is just way to pricey and my wife and i are trying to maximize cash flow. Any suggestions? I would love to buy again in Elizabeth but do I put my first few eggs in the same basket? Not sure if that’s a good idea? Also PA vs NJ ???? Can we discuss? Any feed back would help!! Thank you !