I was unaware until recently just how bad the condition of the home is until recently when I sent an appraiser over and he said it was a tear down which a couple contractors have also now told me as well.The property is historical and has a county historical marker which it received after my grandmothers passing which we were not able to place yet.

Notably it is common for investors with sufficient equity for a $250-500k HELOC to have low or no first lien balances on the subject property.Furthermore on the target purchase, investors could theoretically have more buyer leverage as a 'cash' transaction and eliminate associated mortgage closing costs and have more investment options as a 'cash buyer.'

He has a 16 LITER giant bottle of $2,000 wine sitting on the floor in the dining room and the temperature causes it to cook inside the bottle which then ejects the cork spilling 16 liters of red wine onto 90 year old reclaimed hardwood floors.

He owes ~$82K so we're not able to make it work at those numbers.

The masterminds are all a giant waste of time and an excuse for him to vacation on others money.

If you are not able to get it posted "by Property Owner" maybe try by "Management Company"

When the banks saw that there was a huge wave of defaults, they stopped lending so people that needed bank loans to buy a house were not able to buy houses.  

P/HMLs run the gamut from disinterested brokers who might arrange a loan for a fee and then disappear, to the giant mega P/HMLs that are more concerned about keeping their Wall Street investors happy, to smaller lenders who lend their own money and actually care that you make a profit.

Quote from @Arkadiy Iliyayev: Thanks for the reply Jake, I really appreciate itIf you cut Brownsville in four pieces using the interstate to divide east and west and Ruben Torres to divide north and south, you'd be safe buying basically anything north of Ruben Torres with the notable exception of Cameron Park.

The neighbor bought it with the intention of fixing it up but due to health deterioration was not able to do so.