You can do this as a rate and term refinance with no cash out, or a cash out refinance. 

I was able to rent the property by room and it cash flows about $200/month so far.

You can offer the holder of a lien a smaller cash amount to buy the lien and then force foreclosure, so that the buyer pays you off. 

Any amount you purchase less than you sell, or any amount of cash you take out is considered to be profit. 

Low down payment AND it cash flows also AND buyer has title.Maybe I am asking too much, but I don't think so.Perhaps you just market to homeowners.

The cash flow either way.

In addition to refinancing, DSCR loans, and cash-out options, we now provide our services for all property types, not just those from NetWorth.

I'm doing this exact thing right now- I've been pleasantly surprised by how many people in my network have resources, cash and interest in something like this. 

I have had 3 people email me this weekend who are over leveraged and also cash strapped in that they have repairs of $5k or more, o cash to repair and without repairing cannot release unit.

Just this month, I’ve gotten under contract for my clients for multiple 20%+ cash on cash rental properties so there’s definitely tons of opportunity here.