All Forum Posts by: Sharissa P.

I currently own a 2 family home and I'm House hacking and plan to get a single family home and hopefully grow old in. My broker suggested since my 2 family will be passive Income do HELOC for the single family home any one done this or think its wise to do

Just got a two family house in August replaced drop ceilings repainted and managed to get roaches under control. Tenants moved in end of September. Now I get told they have a leaky roof in the sunroom. Nervous on how much it will cost to fix and what’s the next problem that’s gonna arise.

Hello I’m in Elizabeth NJ just got a 2 family home and had a contractor give an estimate of $13,500 to remove all drop ceiling insulate and change to sheet rock ceiling. Paint everywhere and Change plugs and and light switches, and apply a new front door to the first floor. I have to buy paint and ceiling lights is this a good norm price or can I find cheaper ?

@Jason D. I sent you a private message

@Jason D. I have thought of all that you are right !

@Jason D. 2450 for both units the rent on the second unit is 1350 and could be increased

Hello first time investor looking into a two family home in NJ I plan on living in one unit and renting out the other. Sale price is $280,000 and plan on offering full price because all I would have to do is install dryer and washer. Using a DPA grant for down payment. I will pay for closing. Rent will be in total of $2450 and mortgage is looking like $2182 meaning my cash flow would be $268. Is this a good deal?

@Johnny Crane hey how’s this investment going for you now ?

Someone new to investing should they get a 2 family and learn the ropes and just start out with 3 family. I believe in starting at the bottom work your way up.

Does anybody know and loans, grants or assistance programs for nurses?