This company was big name, in business for decades, nationwide product, BBB rated, every contractor who uses the product needs to be licensed with the manufacturer so we figured we we would be okay with 1/2 down, 1/2 at completion. 

We tend to stay just below our competition with a superior product.  

Some lenders offer construction loans, or you might consider a home equity line of credit (HELOC) after acquiring the property if you build equity quickly.Long-Term Goals: Consider how this fits into your long-term investment strategy.

Are you thinking of acquiring multifamily properties and flips in New Jersey as well?

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

My landlords manage with Azibo, and we do tenant screening with RentSpree, but there are a lot of similar products out there.

Quote from @Mitchell Catoe: Rookie here……but D.S.C.R loans seem to be a great way to acquire property. 

For example, let’s say someone sets an annual goal of cash-flowing $120k ($10k/month) a year in passive income, and then sets a quarterly milestone of acquiring 20 units.

Acquired our first rental property and working to attract a qualified tenant.

Because the owners of Licensing Experts pay ALL CASH, the closing usually occurs 3-6 weeks, which is very fast compared to traditionally financed commercial deals I've seen on Bigger Pockets.The whole thing hinges on their very clever technique of getting existing commercial retail tenants engaged, willing to move into their newly acquired properties who are coming up for a lease renewal or lease expiration, rather than marketing for new commercial tenants - which would take way too long.Licensing Experts is somewhat of a "front" for their Mentorship Platform, as they evidently have many of their own separate entities for which they use to actually purchase and close on their commercial properties assigned by their mentees.