Your suggestion along with @Tim Booz suggest of an introduction from a mutual friend sounds like a winning combination! 

If you use a combination of lecture and real evaluations from your market you become succesful and credible to others.

This investor should have a credit score above a 720.3) Take your combined $120K to a hard money lender who will give you a credit line at 12-16% of $480K.  

Your going to need cash, credit, or a combination of the two to have longevity in this game if you plan to hold property.  

You can also combine multiple properties together in one loan to increase the total loan value.  

Two separate duplexes, each built on separate parcels initially, county just combined to one. 1/2 acre parcel, new roofs, exterior paint, garage doors, windows, base rocked driveways, surveyed.

Hi, I recently bought the neighboring apartment (condo) next to the unit I currently own in Manhattan and I am looking to combine the two units.

HI Rachel,I would suggest that youDetermine the potential cash flow for renting the SRF and the side of the duplex you live inThen determine your living cost of each of theseUse all of these to figure out which combination nets the most for reinvestment You would be applying your living expenses as a cost to the overall portfolio of the two properties. 

In any rental, I am using a combination of several metrics to determine if the investment is something I am interested in.

Is there a way to combine option 1 and 2 with out getting to complicated?