Funding is still an issue we are working on as well as finding a contractor to double check our numbers to provent hidden repair costs. 

stay away @Judy Le  that just smells 'not legal' and when you mess with federal govt funds, you do go to jail/prison.  

Here is what it says in the faqDo you fund the repair cost  Yes, we specialize in Fix/Flip lending that includes Repair Costs.

My partner and I are eager to get started but we have limited funds and we'd like to use private money (if we can find any lenders) to fund these deals but then how do we prove that we are worth lending to without any deals?

If not is there a work around to sell house without using my own funds to payoff the redemption note?

Hi @Renata McCulloch & @Cameron Sigurdson to get a good quality note you should be prepared to have more like $50K available, although your IRA can partner with another party to combine funds to take down a note via joint venture.

I am a finance professional currently, so I bring that mindset to the table, as well as a good eye, a passion for property improvement, and some funds.  

Chances are the ability to get the funds out to do the next deal and capitalize a bit more is probably better for our goals in the long run. 

My concerns would include 1) crime, 2) proximity of other buildings you don't control, 3) (local) apartment supply analysis, 4) scope of capital requirements, 5) rehab grants/funding, if any, available 6) loss run report @Patrick Madigan I am in the Fuquay area for about a week and would take you up on visiting the property if this Friday or Monday next week....

Most people ignore the court orders for payment of these funds and unless you want to spend money chasing money, let it go and get on with either renting or selling it.