Should I use hard money or traditional lending with clear title

[Lawrence Snipe]

I Currently own over rental property with no mortgage. I'm looking to use said home as collateral to aquire another rental.my credit score b is 500. I've been denied twice once Navy Fed and once by a local bank here in Charleston SC.. what should I do..

Zillow zest: $76,363

Purchase price: $25,000 in 2015

Cosmetic Repairs only: $13,000 over 5 years