Setting clear investment criteria, such as the types of properties you're interested in, where you want to invest, your budget, expected returns, and how much risk you're willing to take on, is key.In order to be financially prepared, it's important to save for a down payment, establish an emergency fund, work on boosting your credit score, and look into different financing options.

This would be zero issue in Indianapolis and tons of normal conservative old school banks or credit unions would lend on this 75% of as is value and 75% of additional construction cost as long as not more than 75% after repair ARV.

Of course, that means that your property will need to be prepared properly for this, which means "no carpet". 

Any amount you pay the day of the sale is credited towards your bid price when you foreclose and record your deed. 

By the end of September, I will have 25k saved up to use on a property (outside of my personal emergency fund of course).

Consider obtaining a Home Equity Line of Credit (HELOC).

Of course, as long as the property is rehabbed well and the refinance LTV covers the hard money balance owed.

Can you believe people are spending, 4, 5 6 7 k on SEC 8 courses?????

I know they can be financed just like a stick built construction loan, however, my credit union is not doing construction loans right now and does not have a time frame for when they will (SECU).I want to use the land as down payment if possible and finance the modular and the site prep for it.Looking at getting a new modular duplex or a SFH. 

The reason being a General Contractor will of course charge anywhere from 15-20% of the building costs.