Help me work this one through

[Cassandra Truax]

Hi,

I'm brand new to investing and am learning to work through potential properties.  

I've got a real life property and am taking baby steps...

List price 38,000

2 vacant units that rent for $500 each

gross annual income: 11050

annual operating expenses: 2007.58

Net operating income: 9000

Applying the 2% rule - 1000/38000 = .026

Applying the 50% rule - 1000 x 50% = 500  500 x 12= 6000

Now my next question is regarding loan payments.  My question is what are the options to finance this? Getting a conventional loan for such a loan amount is near impossible?

I can't pay cash.  I could partner with someone who could (this is all talking out loud)

Other options?

Besides asking for documentation of actual income and expenses, what other questions are appropriate?

Thanks in advance from a super newbie.