They will be your long term business partner.

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

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.

His partner is in financial duress. 

It's imperative that you partner with someone who understands the market and has tons of experience in leasing/selling investment properties. 

Their “silent” money partner needs to be convinced.

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

It's a 3 bedroom, 2 bath, 1105 sf house in a B neighborhood.Purchase price: $322k (Originally, my partner wanted to flip it with me, but I persuaded him to sell it to me.

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.  

Project still not finished as I ran out of money to put into it and it's kind of a messed up deal as I've got a friend of mine well current business partner living in there as he's supposed to be fixing it up but this relationship is coming to an end just because of other personal issuesLessons learned?