Funding for First Deal DIY

[Jared Baker]

I am looking at buying a duplex this year or possibly next and I want to get my funding lined up so when I find the right property I am ready to pull the trigger.  I want to find a duplex that will be in need of some work because I will have the time and skill to fix it up.  My question is, what type of loans, mortgages, etc, are out there that will help me purchase a somewhat distressed property?

I've read some posts about loans that require a contractor to do the work, is there a way around that?

Thanks BP!