Investment Info:Single-family residence buy & hold investment.

Hello, looking to potentially use a hard money lender in NJ. Can anyone recommend some stand up lenders I can speak to? Also if any NJ agents that are familiar with using these and transitioning out of them can reach ...

If the other two parties want to flip a house maybe they can do just that as partners and then sell you the house which you can buy with a primary home loan with low down payment.

Investment Info:Single-family residence buy & hold investment.

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

I actually got caught up in the creative finance bubble of trying to lock up properties way over their value just because it had creative terms not realizing that if you were to buy a property at 120% of its value you will never be able to refi or sell without paying out of pocket.

BTW, there is a lot of angry homeowners receiving lots of calls from investors to buy their homes cash... 

(The Black Friday sale on the Bigger Pockets bookstore was where I did my own Christmas shopping so my family knew what to ‘buy’ for me!).

A new member shouldn't be up sold the site's products when they are just asking for general advice from the forum; not what books to buy from BP. 

If I wait until accumulating enough cash in the account to buy another note, this will kill my yield.