After discussing the pros and cons of building, we’ve decided that this is something that we would be interested in tackling. 

It was truly a hot mess when we bought it, and definitely the largest project we have ever tackled.

BUT we have fellow investors that will tackle just about anything, so we pay cash hold it contract-for-deed & they rehab, rent & manage it all on their dime.

We specialize in maintenance issues but also have vetted reputable GCs that could tackle a finished basement.If you want pm me for some more details and maybe we can set up a time to chat!

Like another poster suggested, why not find a live-in flip and knocking yourself out (not literally) with whatever repairs you want to tackle?

Maybe try to tackle the overall reason that you are trying to switch loans and you will find your answer

I’m going to be looking for an intermediate rehab project in my first property, don’t want to tackle anything to crazy right off the bat.

@Cory SparksHey Cory,Maybe look to find a property that needs some work and you can force appreciation buy doing some rehab work yourself with your partner. 2 female friends of mine were able to find a distressed pre foreclosure, get and FHA loan, learn and tackle most of the renovations themselves and then rent out 2 units and live in the basement unit themselves.

We had some common threads though and it took several honest and really hard conversations to get to the point where we were ready to tackle real estate together, as a team.

Do the things that rejuvenate you and allow you to tackle the rest of life's challenges.