Looking for financing

[Cory Peters]

A house in my neighborhood recently came up for sale and I’m interested in the property for a couple reasons. 1: the ability to turn a profit 2: the ability to help the neighborhood (which is currently in gentrification) 3: ability to help my house value

The house is a court ordered sale and not on the MLS. It's been for sale for 1+month w/ zero offers. They are asking $189,000 which is very over priced. 3/2 1100sq ft. Corner lot. The house needs a full renovation. Roof is good, foundation is good, HVAC is newer.

A fully renovated 3/2 in that neighborhood are selling for $260,000 - $280,000.

I would like to offer $90,000 - $110,000 and see if they bite. With a renovation budget around $60,000 - $100,000 (need a renovation estimate)

Looking at ways to acquire financing for the purchase and renovation. My buddy is a general contractor and I have the ability to put in sweat equity.

Thoughts on how I can acquire financing? I have $10,000 liquid cash I can use as well as $100,000 in equity on another property and well as $15,000 equity in my property