Cherry Hill · Camden County, NJ
DSCR & Fix and Flip Loans in Cherry Hill, NJ
Business-purpose financing for investors who buy, renovate, build or refinance in Cherry Hill, Camden County.
Investing in Cherry Hill
Cherry Hill is one of South Jersey's best-known suburbs, a short drive from Center City Philadelphia. Routes 70 and 38, I-295 and the New Jersey Turnpike cross the township. PATCO's Woodcrest station and NJ Transit's Cherry Hill station on the Atlantic City Line serve commuters, and the Cherry Hill Mall is a regional shopping center.
Most homes are postwar split-levels, ranches and colonials built as the township grew, along with townhome and apartment communities. Many of those homes are dated, which creates cosmetic and mid-level renovation opportunities, and Philadelphia-area commuters support steady rental demand.
Local items to plan for
For flips, line up comps from the same neighborhood and school area. For rentals, include property taxes and any HOA dues in the DSCR math, and check the township's resale and rental inspection requirements before closing.
Statewide rules that apply in Cherry Hill
Check the local version of each item with the municipality before closing.
- Landlord registration. File a landlord registration statement with the municipal clerk for 1–2 unit properties, or with the NJ Department of Community Affairs for most buildings with 3 or more units.
- Certificate of occupancy. Many towns require a CO or continued CO inspection when a property sells or a new tenant moves in. Ask the town before you set a closing or lease date.
- Lead-safe certification. Under P.L. 2021, c.182, many rentals built before 1978 need a lead-based paint inspection at tenant turnover or on the state's schedule.
- Flood zone and insurance. Check the FEMA flood map. If the property is in a special flood hazard area, include flood insurance in the payment.
- Entity in good standing. Keep your LLC's annual report current with the NJ Division of Revenue and Enterprise Services so title can insure the closing.
General information, not legal advice. Requirements vary by municipality.
Cherry Hill investor loan FAQ
Do you make DSCR loans in Cherry Hill?
Yes. We make 30-year DSCR loans on non-owner-occupied single-family homes, townhomes and 2–4 unit properties held in an LLC.
Can I renovate a dated Cherry Hill split-level with a fix and flip loan?
Yes. The loan can fund part of the purchase and the renovation, with rehab funds released in draws.
Do you make owner-occupied loans in Cherry Hill?
No. Lendiqo makes business-purpose loans to LLCs and other entities on non-owner-occupied investment property. We don't make consumer mortgages.
Nearby markets
More on investor loans in Camden County →
All loan programs
DSCR Rental Loans
30-year rental loans for purchases and refinances that qualify on the property's rent instead of your personal income.
Learn more →Fix & Flip Loans
Short-term purchase and rehab loans for 1–4 unit investment properties, with renovation money released in draws.
Learn more →Bridge Loans
Short-term financing to close fast, reposition or lease up a property before long-term financing.
Learn more →Multifamily Loans
Acquisition, value-add bridge and construction financing for 5+ unit apartment buildings.
Learn more →Mixed-Use Loans
DSCR and bridge financing for buildings with apartments over stores or offices.
Learn more →Construction Loans
Non-bank financing for land, site work and vertical construction, funded in draws.
Learn more →LLC Loans
Every Lendiqo program is built for investors who buy and hold in an LLC.
Learn more →Have a deal in Cherry Hill?
Send the basics on a property and a loan officer will follow up. You'll hear back from a person, not a call center.