We currently have about $60,000 of our own money to use for investing/renovating our properties.

For sophisticated sellers with highly marketed deals, invest extra time in thorough due diligence.Next, assess the property's condition and estimate renovation costs.

What is your advice on investing without putting a lot of money down?

Note that they were sub-1% during the COVID era, which is what allowed many delusional syndicators and funds to raise money for properties that were doomed to underperform.So ask yourself this as if you are in their shoes: you could invest in T-bills to get a guaranteed 4% return, then what is the premium I would require to invest in this person and their commensurate deal?

If so,Have you considered renting and turning your current unit into a rental investment (enabling a 1031 exchange after 2 years of rental income) ?

I'm a Bank on Yourself professional and personally have my own policies that I use to fund my real estate investments.

HiI am interested in investing in a property (located in New Jersey) with a few other investors. 

I am not interested in investing with anyone, just looking for some advice on how to scale without giving up too much cash flow.

It's also a good way to learn a lot before you jump into investing plus be able to increase that income. 4.

This would be my second investment property.