You can go as low as 2.5x in some cases but NJ tends to produce enough traffic/applicants where 3x should be minimum unless property is over priced.

Highs in the 15s and lows will be 0 this week. 

Hi Vincent, there is a significant difference in true Hard Money and rehab loans, rehab loans won’t be low doc by any means.Hard money should be fairly simple & quick to fund, it’s strictly equity based.How bad is the condition of the property?

Purchase price: $600,000 Cash invested: $30,000 Sale price: $799,000 This was a very light rehab project

Quote from @Arshiya Taami: Quote from @Brandon Croucier: You have 600,000 problems.Bridge lenders (HML) Want low LTV (65% Max Typically). 

There is a book in the library called "Low (and no) Money Down" that discusses the various methods of financing purchases.

In my area, they charge transfer tax on the assessed value rather than the LOW sale price.

By targeting better locations, leveraging Section 8 for consistent cash flow, and balancing low acquisition costs with high guaranteed rents, you've achieved impressive results like $1,100 in net cash flow on a single property.

We are in a very low tax bracket this year but should be 10% higher in 2025.

Choose a multifamily or single-family investment approach, consider low cash flow priority, and monitor interest rates and seasonal timing.