I used 7/1 arm provided by builder. its 5.25 with 30% down payment

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

I talked with Chris Sadler at Reva and to stay in theDST will mean no payments at all because the money will go to reserves for a unknown future.And to sell DST will only bring about a little more than 50 cents on the dollar. 

Unless you've done substantial improvements to the building or used a large down payment when buying, it's unlikely this will work.Perhaps your best move is to find a new primary residence that is 2-4 units and repeat the process.

I feel direct mail is another great method.

BRRRR method is also a great way to go - good luck!  

. - This will allow low down payment and the 203(k) allows repairs to be financed into the purchase mortgage.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Can I get a loan for the down payment / construction costs2.

I'd send out 500 at a time, using a different mailer/method weekly.