That is why holding longterm is important. 

It is definitely possible to get a fix & flip/hold purchase loan on something like this but on a conversion such as this one you will definitely need a contractor or some subs for the experience factor and all-star credit so lender can feel confident that the project can be completed.

The only way you can get anywhere on this is to have an early discussion with the seller of whether they would consider holding the note, but you'll need to figure out what appeals to them to get them to do it.

I currently own 15 rentals with no debt and plan to hold paper.  

The tenant is section 8 so 90% of rent is paid by social org and has rent support guaranteed for another 18 months.My suggestion is on the opposite spectrum of the other poster recommending northside market.

The property management company receives income from your real estate holding company. 

She is positive, support, never mad at people for asking questions or having a hard time.

on real estate investing success• She founded FIBI Pasadena Meetup with over 3,900 members as part of the For Investor By Investor (FIBI) Real Estate Network•She has spoken at top industry events including the Think Realty Conference and Expo and the Intelligent Investors Real Estate Conference• She hosts the Real Estate Breakthrough Podcast where she coaches investors and interviews the industry's top playersChristina served as Chairman on the Board of Resources for Infant Educators, offers hours of free advice and real estate mentorship every week, and supports charities including, Veterans of America, St.

Texas and California are where I hold properties that are short term rentals, and they were pretty pricey. 

Assuming you have the drive, capability and desire to be more of active investor/player this is what I would do if I had $10,000 to start out.I would first get really really good at underwriting deals …and then find a property that has a 25% amount of equity upside in the deal day one and also a combination of healthy cash flow that can support the property DAY 1!!!.