DSCR Loan or Hard money

[Neil Patel]

Hello looking for a DSCR loan on a property I purchased at the sheriff sale in NJ. Purchase price is $500K and I left 20% down at the sale. I'm looking for funding for the remaining $400K and plan to add a level and possibly flip the property or move in. I have the funds for repairs and just need the money for the purchase. The ARV with an add a level would be $1.5M and current value would be around $900K. Looking for the best options for funding this project with a long term loan.