First Timer with great deal but no funding

[Jonathan Berridge]

Hey guys so Im new to the real estate game but not new to working on properties. Similar to alot of people on here Im sure, Im a contractor in westchester county, NY who figured I have a slight advantage to most by being able to handle pretty much all needed repairs within my company. Anyways Ive found a great deal on a multi family in my area in need of some repairs but nothing that we cant handle. A few problems with the deal giveen my circumstances are

A) I have access to minimal capital to invest in the deal (Max $25-30k I can get my hands on if needed)

B) Credit isnt exactly squeaky clean and anyone who has a significantly higher score than me doesnt have the income to back it up

C) Interested property has a broken water pipe making it a 203K or cash deal

D) Asking price is high for a starter investor with no collateral and mimimum "skin money" to invest (asking price $499k)

The comps in the area are going for anywheres from 700-850k so Im figuring even with some serious TLC which I estimate to be around 75k you can still make a serious profit on this. Id LOVE to be able to buy-renovate & hold on this since I know the area isnt going anywhere but up but Im not sure how id go about that. Im pretty sure everyone is going to reccomend using some PM but ive had no luck finding anyone to give it a shot. Any reccomedations would be greatly appreciated!

[Scott Wolf]

@Jonathan Berridge, hard money may be your best venue as mentioned by @Jason Carter.

I invest in the area, and would be interested in seeing the deal, perhaps we can partner together. PM the details and we can talk about your plan. If what you're saying is correct, a BRRRR on this property would seem to be a homerun.