Read as many books & forum posts as you can to boost your knowledge.Best of luck with your real estate voyage.

@Geoffrey Morales most always, you need to honor the existing lease agreements until the term of the lease.

You are correct that it's possible - but how would putting in just $8K get you such a big boost in the ARV?

This is also a personal decision, covering numerous different question or morality, ethics, responsibility, risk, etc that should not be considered here.  

So the moral of the story, fix and flips are playing with loans because they are not the same types of assets.  

so if you or your investor are looking for moral support or even capital, I've got lots of the former and a little chunk of the latter! 

@Carolyn Morales and @Luke H.I am not aware of similar forums like bigger pockets focused on those types of investments.

Moral: If possible get at least 20% down.

I am sure that your experience will boost the BP community especially in NY and other states

Getting a parent to add you to one of their cards as an authorized user, it instantly boosts your credit history.Get a store card, and only buy a few items that you'll pay off every month.Etc.