In the program, it appears that you offer a Pre-Loan Application-- perhaps this is how the program is legal?

Hard money is a type of business loan for non-owner occupying investors.

If you are going to be an owner-occupant, want a low down payment, and are planning to do a renovation, the FHA 203k and Fannie May Homestyle loans are your best optionsHow do you know the property is currently upside down on the mortgage? 

For funding, explore options like FHA loans, personal savings, or creative financing, and focus on New Jersey markets that align with your goals, such as Newark for rentals or commuter towns for house hacking.

Conventional loan, 25% down at ~7% interest rate How did you add value to the deal?

We have around 20k in savings we’re hoping to do our first BRRR with using a FHA loan in the future.

For those who’ve used it, what strategies or sources have worked best for you when covering the difference between your loan and the total project cost?

I'm looking to use a Fannie Mae Renovation Loan. 

DCSR Loan

House hacking is using an owner occupant loan to get into a home or a 2-4 unit property.