This is believed to help put liquidity into the home buying process by taking these loans off the books of banks and mtg companies.Now Freddie has started to purchase 2nd mortgages.

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But he said the prop. management he looked into out there takes a percentage of profits from everything, including repairs.

Not sure if this is doable/possible but worth looking into

After the upgrades, we successfully sold it for $212,000 on 8/8/2024, showcasing our ability to turn properties into high-value investments and deliver outstanding returns.

Have you looked into the comprehensive and liability insurance for that type of property/business? 

Conventional mortgage will not work as it is a commercial property turning into a residential with no active kitchen. 

There is a complicated set of assumptions that go into calculating demand.

I ended up living here longer because I got into real estate full time and didn't have the energy to finish fixing up, but moved out a couple months ago and it's almost ready to rent out as 2 units for Airbnb's or mid-term.

I'll look into them.