@Derek Diamond thanks Derek - great advice.

I would rent an apartment in the area so you can walk for dollars and meet people that can help you find a diamond in the rough.

For example there is RIREIG that meets in Warwick RI every month and Black Diamond REI that meets in Burlington and Worcester MA.

At Black Diamond Real Estate Investors, we have several volunteers who help us with events. 

This route costs significantly more but is not a temporary fix either...just something to consider when getting prices is the actual scope of the work to be completed.The 2 I rely on usually are AquaLock and Black Diamond.

Expect to look at a lot of junk to find that diamond in the rough.

The higher rent per sq ft properties that are top market tend to be DIAMOND locations the tenant can't get anywhere else.

Best of luck, sounds like it could be a diamond in the rough opportunity! 

The item pledged could be a car, a boat, a diamond ring, or in the case of a real estate loan, a piece of property.Real estate notes, (i.e. loans secured by property) also have value and can be pledged as security.  

But depending on your credit and situation they can be a good bridge loan for a few years until you are able to refinance with a regular bank loan that has lower payments.So I would recommend asking around and networking with other hard money and private lenders; I strongly suspect you will find one that meets your needs.If you don’t, let me know and I may be able to connect you with a few, or you could attend a local real estate meet up such as RIREIG in Rhode Island or Black Diamond REI in southern Massachusetts.