Here is a list of items that can search on:I've got a link to a free trial in my signature line. 

If he chooses to stay on the property, he can live rent-free in the next 3-5 years.

Can you roll your 401k into a self directed IRA tax/penalty free?

They might be more willing to bet on the deal you've found, especially if the numbers make sense.

3rd federal savings and loan might do it they are based in OH however I think they want to be first loan holder so it would need to be paid paid off free and clear also I was told they have a heloc that they will pay a portion or all of the closeing cost I used them on my prime residence vary good rates however the rep I worked with was very vary slow with responding and pushing things along good luck I will be doing this same thing on 2 rentals soon so be sure and post what you figured out thanks

Fell free to reach out!

Feel free to reach out. 

In many instances like this one - by the time it gets investigated damage is already donePlease feel free to DM me any information you have on these companies that you are willing to share.Your friends should make a report to the SEC (via sec.gov/tcr).

If you would like to connect feel free to DM me. 

As a general rule I would always say it is better to get a return on your equity rather than leaving it sitting in a property you own free and clear.