This allows you to access funds while keeping your existing mortgages intact.Second Mortgage: Explore lenders who offer second-position loans on investment properties, though rates will be higher.Cash-Out HELOC : While traditional banks often restrict HELOCs on non-owner-occupied properties, some portfolio or private lenders may offer HELOCs for investors.With $15-20K in liquid funds, look for deals where you can negotiate terms:Seller Financing: Negotiate lower down payments or interest-only periods.Subject-To Financing: Assume the seller’s existing mortgage while covering the down payment.Lease-to-Own: Lock in the purchase price while using rental income to build equity.

What tips do you have for someone just getting started?

This forum so far has helped me very much in learning.Thanks in advance  How,? 

Just ck to make sure this is possible in NJ.

Even so, they were able to help at times when I had technical questions about the legal process.

This is a great place to learn and to connect with people so take advantage of all the great resources.

I think having it in writing from a plumber would help this case a lot.

This would be my first property that requires renovation.

also... no.i hope this helps. 

IE **UNDER NEW OWNERSHIP WILL BE UNDERGOING IMPROVEMENTS AND REDECORATING JULY-AUG 2025**I hope this helps, good luck!