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I am new into real estate investing. I currently own one 2 unit and am working on my second. My preffered method of investment is to buy in descent cost and hold and generate residual income. I would say the biggest thing is having some start up cash. In NJ you need about 15 - 20K, to get into the game. I would say in NC its a different. But as an investment you need 10% - 20% down, then closing costs which can vary greatly, depending on which inspections you get, what you negotiate with the seller, etc..
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