We got the payment history back today, and sure enough last payment was June 2012, so they have not paid off the loan and when we go to foreclosure we have the payment history and we are confident we can get the foreclosure finished, and wipe out the Federal and State tax liens.Then we plan on doing a high end rehab, and put it back on the market. 

They didn't have any seasoning requirement, just an appraisal once I finished the renovation.

A bit of background first; Myself and my friends are about to finish university, and will be working our first 'real' jobs beginning in 2017.

Also we need to estimate the work to finish items that weren't performed in the inspection agreement by the seller so we can ask them to remove that from the sell price.Any references to people who are timely and will be able to quickly respond would be appreciated!

But the house is stucco exterior with tons of cracks in the stucco that have to be repaired. 2 stucco Contractor's have quoted us $12k - $15k to sand blast, patch, apply a new "brown coat" and finishing color coat.

I do also understand that its hard to find lenders for this because there is no equity until the construction is finished.     

I have been approached to loan money for a fix and flip that they need money to finish so as to beat the winter months.I have some questions about loaning the money.

Currently I'm finishing up a six month tdy at MacDill.

But this deal is already finished.

I'm in the process of finishing the free class that,apparently, no one ever finishes.