Alvin Ray a "Sweat Equity" partner who does the work and a money partner is a common setup.

Just find quality merchandise at garage sales or flea markets, then clean it up and resell for a profit (sweat equity).

I had much more sense of urgency than they had, so don't sweat it too much. 

I bought the house for 25k, did alot of sweat equity and it appraised a few years later for 70K.

YUP I would never use a national bank  ever  only small commercial bank were I know my account manager by name go to lunch with them and get all sorts of service.. big banks are not for smaller investors.. if you have 10 million in BoA you can get this service no sweat you have normal under 1 mil in deposits you will get the hey go talk to customer service on the phone over there.also I always send in a simple shot of our bank balance I don't care if there is more than I am offering does not matter but I tell you it carries a lot of weight if we send a bank balance in for say 500k in cash and we are buying a 50k prop.. who they going ot choose 

I am currently working as a sales rep for a company, but I am willing to give 20 hours of sweat equity for free to anyone that is busy as hell and needs assistance.

In thos scenario you were able to get you’re 20% sweat equity from your renovations and improvements to the property so with the right loan option you won’t have PMI.

@Grant FairmanAnytime you can do the work, there is no better way to generate some sweat equity!

significant sweat equity, 2 to 3 years, major tenant turnover, tenant cash for keys, build 2 new permitted units, 100% renovate 8 of the 12 unitsWhat was the outcome?

In the right neighborhood, an ugly triplex is a vastly better investment than an adorable duplex, you and your new partner can put in a little elbow grease and build that sweat equity.