Have very good partners and find the best Architects and Engineers.

Discussion with partner on Home warranty.

Hi all - my business partner and I have found a nice property we are interested in and are trying to decide between a conventional 30 year through our lender, or the owner financing offered by the owner, which is as follows: Price is $280k, would need to put 30% down and it would be amortized over 15 years at 1% below market rate.

Being new to the LA market, I'm looking to partner with someone who has established relationships with local contractors and/or experience with creative financing.

They will be your long term business partner.

You can use that for marketing to get deals and then partner with people with money...

Their “silent” money partner needs to be convinced.

His partner is in financial duress. 

For results, RE cost seg (our partner for full transparency) built a calculator that allows folks to see conservative and then more aggressive estimates.

You could also possibly partner with a relative who knows / trusts you to make up for any shortcomings you may have.After that, presuming you have good credit, you can go to a mortgage broker and they will evaluate your credit and financial "worthiness" against their requirements for their lenders to lend to you.