Need SERIOUS Help! HiGH EQUiTY Opportunity. To Buy Or Wholesale?

[Menyy M Mosii]

Grandpa Died 2018 Left This Really Beat Up Brownstone To My Mom & His Sister. The(Pre Covid-19) ARV=$2.6-3M. My Problem Is They Are Both Financially Illiterate & Extremely Stubborn. The House Is In Terrible Shape And Would Need At Least 500k For A Full Rehab & 200k To Make It Livable, And They Are Overwhelmed Because oF That. Talked To My Mom I May Be Able To Acquire For 200k, Which Would Be AMAZING. I Really Want This House. However I Just Started Building Credit And I Make $21/Hour Full Time, While Currently Developing Multiple Streams oF Income. With Only $1000 Savings To My Name. How Would I Go About This Deal, Especially In These Times? Could I Possibly Wholesale It To An LLC Or Trust I Develop For 650k(Some Kind oF Loan), Then Use The Assignment Fee To Make The Mortgage Payments For A Year While I Invest In Cash Flowing Property+ Businesses? Or Get Loan For 300k And Somehow Use The Equity To Refinance? What's The Best Business Structure & Course oF Action To Take For Tax Benefits In This Situation? Could I Somehow Use New Home Owner Programs And/Or Grants? How Can I Make This Work? What's My Best Option For A Loan, Other Than A HML With Ridiculous Rates? ALL Suggestions/Advice Highly Appreciated. Thank You.