Yeah we waiting for the foreclosures and impending recession to pounceI bought a spot in Wayne for 280 that was repossessed and was a dump. Had to put about 60k in it. Its worth close to 500k now.
That was the only way I was able to afford a house in Wayne cause everything in Wayne was 500k+. And these are the lower end houses.
That 375k might not be a bad deal if there is a lot to fix and drive up the resale price.
Also do some research before you buy. House prices in Jersey have balooned the last 2 years and an economic crash is around the corner. Might be better to wait rather than have a 450k loan for a house thats worth 300k after the crash.
I might mention Wayne to her later but she still mad at me for “flirting” with bitches on Twitter so ima table this convo