I’m not exactly sure how much you can trust much more than the list price.

This is when you buy a primary residence (1 to 4 units, the more the better) which you can usually get for a very low down payment and get the best interest rates on and then rent out other units and/or bedrooms within your unit to pay for the mortgage and other expenses.

A conventional loan under an LLC provides liability protection and easier rental management but requires a higher down payment (20-25%) and stricter lending terms, which can reduce cash-on-cash returns.

BRRR house hacking using 5% down loan and applying down payment to renovations forcing appreciation is tough to beat and allows you to move quickly in NJ. 

Inspection Costs - $400 Lender Fees - $1,000 Closing Costs - $2,000 Mortgage Payments - $2,500 Property Taxes - $600 Utilities - $1,000 Insurance - $200 Commissions - $4,000 Selling Closing Costs - $4,000 Home Warranty - $500 Termite Letter - $100 MLS Fees - $100 

Declining Interest Rates: When market interest rates drop, refinancing can reduce monthly payments, thus improving cash flow and enhancing the DSCR.3.

I was prepaid 1st 6 months of interest. 8 months have passed and no additional payments have been received.

It’s in a trust there’s no mortgage value $650-$700 wanted to take out $150,000 for renovation and down payment on another rental. 

Is it one investor per deal, then they would act as a private lender and that typically includes a note, deed of trust, loan agreement, personal guarantee, assignment of rents and a few other docs.

It is the easiest barrier to entry (best Interest rate and low down payment req).