If you want the 70% you could do a 50/50 over an 18 and co-invest 20% of the capital—then you’ll get 100% of 20% and 50% of 80% (over an 18).

Pittsburgh is a good market to make money in now cash flow wise and has good upside as well if you know what you are doing. 

You'll want to focus on securing a favorable financing deal at the refinance stage—ideally, you want to pull out as much of your initial investment as possible while keeping monthly payments manageable.A big consideration is understanding your after-repair value (ARV) and ensuring the rehab costs add value in proportion to that.

You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.

I'm very new to investing and weighing which options would benefit me the most.Option 1:  Use the cash as down payment on another primary residence and rent out the current.

Hi @Alex Lee I would avoid 203K loan and work with conventional renovation loan based on knowing you'll be forced to use 203k certified contractors which will cost more money and offer inflated pricing because they must follow 203k guidelines. 

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area. 

Investment Info:Single-family residence buy & hold investment.

Spend the money for peace of mind now.Also, make sure you're getting paid for the risk you're taking on with the foundation issues.

The more money you make, the more they make.