Lets run that through my best lender- They'll loan you 90% of the purchase less the origination of 2.5%, which is $64,750 plus they'll escrow the repairs of $20k.You'll need about $1k in closing costs, plus prepaid insurance and interest to the end of the month, so lets just use $2k for round numbers.SO, you'll need $7,250 to close.Then you'll need to be able to run the job up until the first draw. 

Banks - Ally is safest @ gives 1%, cds/ local credit unions around 2%, lmcu(lake michigan cu) - 3% till 15k I think, some prepaid cards give 5% with some work(check doctorofcredit blog)..

Pre-paid rent refunded on pro-rata if owner breaks the lease.- Owner agrees to allow sub-letting.  

You will also have prepaids for insurance and possibly taxes.  

Any contributions to pre-paid escrows for property taxes or homeowners insurance are not expensed and are not added to your tax basis for the property.  

You need a citizen to own for you, under another agreement, perhaps a long term lease, pre-paid.

Concerning your credit profile "obstacle", you might consider getting a secured (not prepaid) card from a national lender.  

If they have vacated the unit by tomorrow (23rd) that means there would have been 8 days remaining in the month, or $179.35 "unused" and prepaid rent for the month.

Delayed Financing ExceptionA cash-out refinance within six (6) months of a purchase transaction when no financing was obtained for the purchase transaction are allowed under the following parameters: The new loan amount is not more than the actual documented amount of the borrower’s initial investment in purchasing the property, plus the financing of closing costs, prepaid fees, and points (subject to the maximum LTV). 1.

Typical commercial lending is LTV 70-75%always an ARM, like 20 due in 10 (or even 5)property self-sufficient (aka DSCR 1.1 - 1.3 depending upon the lender)with an NOI that supports reserves 10%, vacancies of 12%1/2 year prepaid taxes AND insurance (last parts of PITI)Your personal credit should not be part of the qualification process.