Asbury Park Real Estate

here it is

http://www.state.nj.us/dobi/division_rec/index.htm

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There are tons of them hiring, start sending your resume.

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There are tons of them hiring, start sending your resume.

I have a small portfolio of properties that are held through an LLC. I am looking for a lender willing to provide 30 year mortgages on the properties with the deed being in the LLC’s name. The members of the LLC will be willing to guarantee the loans.

The portfolio breaks down a follows:
1 – 6 Unit Building Binghamton NY
2 – 1 bedroom condos; one in Somerset Country one in Monmouth County

The mortgages would total 200k. The properties are worth well north of 500k.

If you know of lenders who work with small investors like myself, please let me know.

Thanks in advance!

Try community banks. Any other type of financial institution would be willing to work with you esp. with the individual guarantees. Sounds like you should have no problem so long as the cash flow from rental income is sound.

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Depends on how many properties you have, weather you own them or are just managing them, the average cost of rent for each dwelling, and your sales ability.

Such an open ended question…

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I’m looking to buy an investment property in the very near future, any help with a location would be greatly appreciated. Also if you are a realtor with something in mind that would be great too.

I truly believe that the East Fishkill & Hopewell Junction area of Dutchess County NY have really reasonable taxes.

Conn. is notorious for high taxes and the median is around $5300. Property values are up there also. Check this link out for more info–

http://money.cnn.com/2006/10/03/pf/property_taxes/index.htm?postversion=2006100411

We have 1.69 acres on a beautiful level corner lot in Hopewell Junction and our home is total 3598 sq ft ( finished 2408 sq ft). Our taxes are under $6500 for 2006! We have our home up for sale at present also. You can contact us at ursaitaliano70@yahoo.com. Home is for sale by owner & through realty. We will give you further details.

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From what I understand, only if your smart.

My real estate agent saved me nearly 5 grand when I bought my house.
The home inspector stopped me from buying one that had over $30K in termite damage and needed new sewer lines.
The lawyer my sister used when she was selling her house 3 months ago actually made her $1500 when her buyer turned out to be totally nuts, and was unable to sell complete her end of the deal. She could not complete the financing.
Professionals make good money for a reason. And as a rule of thumb, they earn their money. You know, they are able to stay in business for a reason.

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I live in Central Jersey, currently Plainsboro but the move to area would be almost anywhere in Middlesex County.
I guess I’m looking for the agencies who offer the lowest interest rates

where in NJ are you looking at, for in say Monmouth county the local agents far out do the national chains in selling and listings

at the shore Diana Turton is huge so it depends where

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I am looking for a home to purchase here, and a nothing special house that needs tons of work on a blah neighborhood is out of my reach, unless I want to drive 2 hours everyday to work. Its rediculous! Why is NJ so expensive? There are so many nice places to live in this country that has just as much to offer or more that has a low cost of living!

Is you ask me NJ’s quality of life does not justify the high cost of housing/living.

Can someone shine some light for me?

NJ is an expensive place to live because it’s so densely populated that property is at a premium. It’s densely populated because of its location, convenient to both Philadelphia and New York City, where many of its residents work or enjoy going for leisure.

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I sell Real Estate in NJ and due to the economy have recently been let go of my salary position doing the office’s bookkeeping. I am planning to continue with sales but would like to know if I can collect unemployment since sales are commission based and the income is very sporadic.

Read the rules for your state. In mine you can’t draw if you are self-employed and work so many hours a week–whether you collect any money or not.

Be very sure you can do this legally before you run afoul of the law. The penalties are very heavy.

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