Please let me know if I may be of assistance. 

With a focus on partnerships, borrowing credibility is a good accelerant.

There are great services out there that assist in marketing your property, creating online applications and screening your tenants for you. 

A cash buyer and a borrower will have different holding costs, a guy running his own job verse a guy hiring a GC will have different rehab costs etc... 

They told me that I should be able to do the normal 20% down, but since I don't have that amount and was planning to borrow that for a family member I would have to have that money in my account for two months before they could count that?

Good luck and let me know if I can be of assistance.

I am looking at a potential property and the best use I can think of for the property is a Assisted living home.

I did this before and unfortunately, I was dragged along for almost a year, but then again this was partially due to the borrower and his lack of due diligence (I’ll take blame too for partnering with the individual) but I like to think that the mistakes I had seen wouldn’t take place if the project was under my watch or to the very least the situation would be handled differently.The properties and deals that I generally see and come across in the South Jersey and Central Jersey areas would need a gap lender that would bring roughly 25 – 45K to the table depending on the area.

@Jason L.it might be worth it to use a professional to assist you in uploading your excel to Quickbooks.

We will be needing assistance to list a property for sale.Thank you.