But her company, like so many, has whittled down their actual service to the point that they aren't really doing useful work, just enriching the CEO.

These are the key to getting a loan.  

And addressing my item #1 comment, almost always, when a "distressed" homeowner is approached, they initially are grateful to have the loan brought current, but before long they forget the circumstances they were in and you become the bad guy that stole their house.

The sale failed and he still owns it.One of the potential solutions is to use an SBA 504 loan for the real estate. 

I know a lender that does 15% down on investment loans.

@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".

@Keith Mintz Will you be running the house or leasing to a company that does sober living.

Their return is better than most note companies.  

Minimum loan amount is $250k.

Does the loan have a "history" is it FHA, VA, Conventional16.