Buying my first property

[Alicia Robinson]

Hello Bigger Pockets Family, 

I am new to real estate investing. New as in no properties but doing my die diligence to change that. So question: If I have enough some capitol saved( let’s say 20,000) and I find a distressed property. (Somewhere between 40-60k) But I need the rest of that money financed. How would I go about getting a loan? Seeing as how banks don’t want to loan on too distressed a property. Even though traditionally I’m approved for about 95-100k right now. Can I do a personal loan? 

Any suggestions, tips, insights, and critiques are welcome. Thank you!