Is it hard money loans, angel investors, etc?

How much will be the interest rate, and terms of the loan. 

If you are looking to buy in PA, its possible you can qualify for PHA KFIT program that gives you a 5% closing cost forgivable loan.

Quote from @Tiarnan Gormley: How will you qualify for loans?

Potential solutions include federally backed loans with lower rates or tax incentives to help offset the cost of a new mortgage, encouraging these homeowners to sell to new owner-occupants.

All of which nothing will help him because the loan is still in his name. 

The typical term of this loan is 12 months and rates range from 10%-12%.

If your loan is $110K then the payment on the 15 year would be $927/month at 6.15%; 30 year option at 6.625% would be $690.

To qualify for non-recourse commercial loans through Fanny and Freddy you have to have equal new worth to the loan amount and 10% liquidity. 

I would get a bridge loan to acquire the property if it needs to be rehabbed and/or closed quickly.