All Forum Posts by: Tom Hall

it is very common to see agents talking about their city or town being the one to invest. Don't forget to do your own research! 

When it comes to NJ I don't find it landlord/investor friendly state at all. The price of the houses are astronomical, property taxes is the highest in the States. If you get DSCR mortgage (investment mortgage) the rate is mid or high 8th that all being said, there wont be any cash flow in the state of NJ easily. Unless you get a dumb and renovate it yourself and put forced values and rent it out .....I have a very similar case like you, I am looking to invest in NJ but based on my research and calculation I will be on minus and zero cash flow. (IT IS JUST MY OPINION) ....

Take into consideration mortgage rates fluctuate it maybe a good time to invest and be on minus FOR NOW, later on refinancing might save up some $$$ 

What to take into consideration when purchasing investment property? 
I am looking for an investment property in NJ, price range 320k-400k.

Advice and recommendations are highly appreciated 

I would like to invest in multi family house somewhere in NJ. I want to be close the city budget roughly around 500k. Any advice what part of NJ I can afford for this budget ?

How to figure it out what state is worthy investing? i know it is a board question, what I mean is look at Brooklyn NY people bought houses 15-20 years ago dirt cheap and now they are millionerds or Jersey city NJ people used to avoid it, now the value has increased significantly. How to predict what's gonna be next Brooklyn Hoboken ...

what lenders to use for mortgage smaller than100k ?

I would like to invest in section 8 rentals however i don't have any experience.
I am here to get some advice from experienced people about where can i start and how, and If there is any mentoring courses available that's worth buying...

We all had to start from somewhere looking forward for some great advice!