Additionally, the New Jersey Real Estate Investors Association (NJREIA) hosts events with 100+ professionals, offering opportunities to network with investors, lenders, and contractors.

If I would have to start over again in 2025 I would look to buy or build a business for additional cash flow.

Should utility costs exceed this amount due to increased utility rates, increased use, abuse, or neglect, Landlord shall bill tenant for the additional cost.

In addition, your loan is typically amortized over a shorter term… often 20-25 years, instead of 30 years like a typical personal mortgage.  

The joker in the deck for you is what someone's willing to pay for your business in addition to the real estate.

You can add additional documents as Exhibits at the end of the lease if need be, but everything should be listed in the lease and all parties will need to sign that document.

In addition, the windows are probably 30yrs old so from my understanding I might as well replace those as well which is another 15K out of pocket.ORDo I use the $$ and replace the kitchens which are very out-dated, which I CAN raise rent for.No this is not unusual.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

An SBA 504 (10% down, generally Prime -2% and 25 year term) can be used for the real estate portion.I don't know if that's what you're looking for, but it's at least an option.PS - look for an SBA lender that's in their Preferred Lending Program (a PLP lender), which shaves ~60 days of the time to close and one that sells their paper on the secondary market, just like a mortgage.Those who keep the loan in-house often add overlays, which are additional requirements over and above SBA's

Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.