Provide them proof of your ability to find, fix, flip (or whatever strategy you plan to use), and then start with small amounts of their money.

Now I am in the process of selling the property due to high cost of getting it fixed.

@Scott VaethIf you live in part of the home and rent out rooms, you might be able to keep the lower 4% owner-occupied rate.Instead of a long-term rental that barely covers half the mortgage, could you do a rent-by-the-room model or target traveling professionals to increase cash flow?

Still no tenants after spent tons of money to replace all gas pipes, fix dry walls, repaint, and fix the leaking etc.

On the flip side, I am in the process of acquiring over $1.5M in defaulted DSCR loans form borrowers who are your age that put 25% down but had no money to fix any of the problems  = lost the renters and walked from the property.

I have a deep understanding of real estate markets and creative financing strategies makes me a go-to expert for investors, homebuyers, and entrepreneurs looking to scale their portfolios.Whether you're seeking fix and flip loans, DSCR loans, hard money lending, or conventional financing, My team at Shop Rates are dedicated to helping clients navigate the best options for their financial goals.Shop Rates3511 Gallatin Pike Nashville TN 37216https://shoprates.com/Phone: 888-396-7284

Our business model is built around working with investors to find them great returns and I would enjoy a conversation around what you are trying to do.

We got out of condo conversions couldn't really sell any of them and transitioned to ground up development of single family homes and three story walkup triplexes on a build to rent model which is much easier for us to manage and our exit isn't a sale it's just a refinance. 

If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

Quote from @Jaycee Greenecee Greene Greenecee Greenecee Greene: Quote from @Bryce Fellers: Investment Info:Single-family residence fix & flip investment.