.- get into real estate with a lower rate and lesser percentage down payment.

Horse stable in the middle of LA, 20 acres 1/2 swamp next to major airport in Florida, church with 6 acres in the middle of town, contact bank Trust departments and let them know you want to buy.

Your monthly payment would come out to roughly $2400/month including HOA, taxes, and insurance.

Find an attorney who you trust and can help you strategize.

The note investor who thought that even after he sold the note he was still entitled to collect the monthly note payments. 2.

You can do FHA with 3.5% down- less in some states with down payment assistance, but you're better off doing a conventional at 5% down if you can swing it. 

And I feel your pain.On my FLA builds my GC was very well known to me and trusted if I did not have him I would have been were you are at stalled.. but for me I just paid cash for the lots and gave no deposit to the GC ( again long standing relationship) so when he finally was ready we just funded draws on completed work .

The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

FHA-Owner Occupancy Loan, to limit down payment to be able to utilize for maintenance

For example, just for argument's sake, many people don't trust a deal will close until it does.