Financing first deal

[Eric Ramsey]

Hello all, I’ve been listening to the podcasts, read a few books and browsing the forumns, and studying the areas I’d like to find properties. I’m going to stay local to what I know and do the buy and hold with possibld brrrr strstegy; near a university that is expanding and on the side of town with blue collar workers. So I’ve been looking for deals and two just popped up today so now it’s plunge time. Both are online auction; the first I have the only and highest bid not sure what renovation will cost estimating 30-40k on top of it costing 99k at current bid. Property has 2 apartment units and a storefront. Each apartment will rent between 900-1200 and storefront guessing 1500. The other property (condo) is auction from a deceased person (no relatives) and I’ll need to go through the proper means to store the items in the space and then be able to sell or get rid of. 1bd 1 bath for 35k the unit next door sold for 115k last year and area rents at 750-1200/month(this maybe a flip property) Limited capital for these two. I have about 30k disposable but would like to finance without any of my own money. What are options to finance? What companies have you used? Would you suggest hard money and then refi after repairs? Any advice Is appreciated, Eric