@Paul Lucenti  "I don’t believe there can be a bad asset - if something is lining your pocket and you are establishing equity, that really cannot be bad.

That gives you time to get organized and established for more conventional financing. 

Eliminate debt, establish a budget, and save.

Eliminate debt, establish a budget, and save.

The reason I ask is that knowing the fast movers of the area may help you choose your project.Lastly, what kind of renovation budget have you established, and is it an upfront budget, or will you be contributing to it over the time that you live in the property and renovate it? 

In addition to this duplex, I have one other paid off with established LOC, and another nearly paid off.

I am trying to invest in a certain market and I am curious as to how many realtors i should be reaching out to and trying to establish relationships in that particular area.

I also have an investment company that has been established for 10 yrs that I’ve flipped a few properties and hold land in.**** My current issue with the lender that I recently spoke with was that I had to have experience building a SFR on my own property and have sold or refinanced and held in order to be approved for the loan.

You will need to compile a convincing case as to why the cities established maximum blockface density should be exceeded in this instance.

@Jon Ankenbauer Transferring the land via a traditional sale registered with the county is a straightforward option to establish clear ownership and equity, which is essential for future financing.