I purchased a fix and flip that got complicated when we found one of the basement walls was bowing in.

First, congratulations on purchasing your first property together.

I have a couple of buyers that will purchase without due diligence.  

Are you purchasing as investment? 

Where the SBA 7A can be used for all parts of the purchase and is generally Prime+ 2%, 10 years, the 504 (bricks & mortar only) is generally Prime -2%, 25 years. 

Purchase price: $110,000 Cash invested: $45,000 Recently purchased my first house to use as a primary residence, currently I am renovating the kitchen and adding a full bathroom to the first floor.

When the home was purchased, it was conventional loan and the basement had tenants.

Purchase price: $65,000 Hybrid Fix & Flip, bought, made minor repairs and clean out.

Sounds like it could be a decent LTR situation, but you answered my concern on if a STR would really stay booked enough to justify a purchase.

I am a rookie investor hoping to purchase my first property within the next 90 days.Kwanza Hi Kwanza,The first thing you'll need to decide is whether or not you want checkbook control of your self directed IRA.