I'm new to this forum and I got myself into a pickle.

[Edgar Baeza]

I purchased a home 8 months ago before learning about bigger pockets, this home was going into foreclosure for back taxes . The owner at the time approached me and offer that I put it under my name and take over the payments, so I just thought about it and figured I could fix it up and rent it or refinance it to purchase other rentals. Well. So I did it luckily it was a owner to owner deal so the owner agreed and it is now mine, well I owe 48,000 And the home remolded is worth 105000 And I'm stuck because I need about 15,000 grand to get it looking good any suggestions I don't have good credit so the banks won't loan me anything .

[Andrew Postell]

@Edgar Baeza based on your description I do have some suggestions.  

1. Call more banks - just because one or two say "no" does not mean they will all say "no".  Call all the banks in your area.  Start with the smaller banks and work your way up.  Do not be surprised if you call 200 banks.  This is your job from now on.  Call and call and call.
2. "I don't have good credit" - good credit to you might have a different meaning to me.  If you truly do have "bad" credit, what is your plan to make it better?  Have any of the lenders explained what is on your credit report?  Have any of them offered a plan to get it better?  Good lenders can do this free of charge.  Again, call more lenders but also have a plan to fix your credit
3. Type of Property and Assets? - It sounds like you want to rent this property you mentioned but what's going on with it right now?  Are you living there?  Even the most flexible of lenders will require you to have money in the bank before you refinance.  If it is your primary home that will not be the case.  Knowing how to structure yourself for a bank is important.  Again, talk with a good lender who can guide you down the right path so you know what to expect.

Hope this helps.  Thanks!