They won't allow you to option their homes thus preserving some of your working capital like you could do with a private seller.

Part of my job is to create and manage programs that encourage private investment and revitalization.

Keep it simple as Will mentioned.Do some searching here about hard money lenders, private lenders and financing.

At least enough cash that you can get a hard money loan or access to a private investor.- You're asking the successful investor to teach you how to compete against them.

I’ve known the note investor for over 20 years and they have a 150 million private placement fund to buy notes and are credible, proven and reliable players in the note buying industry.Annette, you won’t believe this but the idiots at SBA turned down the loan request so the transaction came to me from a realtor who sat in on my guest speaker 45 minute seller finance presentation last April.Perfect example how five entrepreneurs and one individual can do business better than the entire United States Federal Government.

That's seems like it is correct.Shane Keilers are you saying that you carry a personal umbrella policy to protect your personal assets?

I have thought about "carrying the note" (acting as a bank and offering a payment plan, etc.) to tenants of house 'B' but I am wondering if the above mentioned scenario involving house 'A' affects this idea?

I'm not exactly an expert in this arena, but to kick-off the responses do you have access to any private money?

I am an accounting professional who works in risk management for a large private banking institution.

Some lenders allow for the purchase money and repair money to be in the total loan amount.If all of that fails, you may want to explore private financing to purchase and repair the home and then exit that loan with a conventional loan.