I think missing over it is an easy, short term fix.

Not a bad jump into investing option with the intent of a refi a short time later.

I have never been involved with such an elaborate scam unfortunately I pulled the short straw on the investor gamble. 

You just have to make sure that your property is rented and meets the 1.2 debt service coverage ratio with the rental income it brings before you apply for the refi.I am assuming you are planning to buy with your own cash or some form of short term private financing.

My short-term goal is to get into flipping.

(Wholesaling, Lease Options, Subject To, Short Sales, Loan Mods, Wrap Around, Owner Financing, etc.) 

Hey @Theodore Bullock short answer is no.  

If you find something that fits your criteria make a very strong offer price wise and make a short inspection period to make the offer more enticing to the seller.  

You would need short term financing for the build or the builder will have to for the entire bill until he gets the certificate of occupancy, at which time you could apply for financing.

It cashflows well as a seasonal and short term rental.