Start with the wholesaler, as soon as I have made more money I will start the fix and flipSince you have a lot more experience, maybe you'll give me some advice to find other ways , if in case i only had those three options, I hope you know how to lend me a hand with this challenge !!

I had been in talks with a rehabber in my area who uses hard money lenders to fund his projects and we were to be doing a fix and flip this month, so I went ahead and got myself a $10k loan to throw into the mix to cover carrying costs.

After I have owned it for a year and fixed it up, I get a HELOC.

and if the home is really run down would it be worth the fix all in all?

I'm not sure if my snaking it would be enough to say that the problem is fixed, when the actual source of the problem was still there.Just wondering. 

Welcome, @Michael GlotfeltySoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners in LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?

For a fix and flip where they're going to do the entire flip that might work because they're going to contribute a significant amount of labor vs. my investment. 

I have a mortgage 30 fixed since 2007 I have never tap into my equity.

Most of the rentals I buy are in need of rehab before they are rental ready, and I fix everything from the start or make a plan to do so when needed.

Then if you are holding the property, refinance it into a fixed mortgage and pay off the HELOC.