After pm forwarded my case (tenant did not pay rent) to collection agency, the judgement claim balance is $7,569.33.

For the purchase of the new property, you can consider a seller carry offer (balance of purchase price minus the down payment) or obtain a new mortgage on the commercial/resort. 

I think it is reasonable to assume 4% annual appreciation in this area, which means after two years, the property could be sold for ~$635k.Based on the terms of the mortgage, ~$351k will be remain on the loan balance after two years.

So, find knowledgeable finanical advisor and CPA to setup and create a balanced investment portfolio. 

I think it is reasonable to assume 4% annual appreciation in this area, which means after two years, the property could be sold for ~$635k.Based on the terms of the mortgage, ~$351k will be remain on the loan balance after two years. 

Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant  (some of them were even on this network of people):  don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and  I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....   

I considered taking the negative one one and allowing another existing property profit “balance out” the cash flow, but that feels like a bad move and would be better to sell  My ultimate goal is to build cash flow for FI, which I need more to do. 

We put down 20% and have a 30 year fixed rate loan for the balance.

If there is no mortgage balance you can try a seller financed solution..if there is a balance, it is possibly assumable?

The lender told me they got no score because I was paying my credit card balance to zero.