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.

.🔹 Creative Financing – Traditional loans don’t always work for distressed properties.

It’s true that many property management companies are now incorporating tenant benefit packages as part of their offerings.

I also know a guy that does a lot with creative financing on the I-5 corridor but he is mostly Wrapping them or fix and flips. 

Many experienced investors are willing to partner if you find the right property and do the legwork.3.Seller Financing & Creative Deals– Some sellers will carry the note, allowing you to buy with little or no money down.

I have the money to buy now but I would rather do creative financing and use as little money as possible out of my own pocket. looking to start with BRRR method but maybe should start with a wholesale first to fund that?

I have heard about doing deals with little to no cash down but I'm skeptical about whether creative financing options are truly viable.

Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

Is there any creative way to avoid/reduce capital gains tax on the sale ?

I had been discussing this property with the owner for a while and saw its potential—distressed but with strong fundamentals and built-in equity.The deal was a great opportunity to apply creative financing, secure a property with minimal upfront capital, and build long-term cash flow.