It was an older home from the 1950s we had to replace elctric plumbing and all dry wall etc. this house was a complete gut but we didnt buy it knowing that.

Fix and flipping is definitely the next big step, and it sounds like you’re ready to hit the ground running.

This all sets the stage for what I share next and that's the frequency in which those who post about their lofty goals are seemingly unaffected by the sound advice those who have nothing to gain have to share.

Like @Trent Reeve said, it sounds like a mortgage to me as well.

That sounds like a solid deal.

This sounds like a different situation than a "BRRRR" strategy refinance question - however, this article published here on BP last year goes through a lot of the different refinance options on the market for investment properties.https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

It is unfortunate that you are in this position and it sounds like you have had very little to no communication from your representation or lender. 

Sometimes the best deals are the ones that require a bit of vision.Don't hesitate to connect with local investors and maybe even consider exploring markets like Austin or Scottsdale down the line; they've been keeping me busy and have some interesting dynamics worth learning about.Feel free to reach out if you ever want to share stories or need a sounding board.

The low 7's with 2 points sounds possible, but it really depends on those factors.

Also sounds like there are different types of eviction?!