Desparate people do desparate things.You provide a solution, they take it or leave it.

The folks in NARPM are all focused on PM, and openly share their experiences (good AND bad) and their solutions.

As I am on a Mac it is a nice cross platform solution for a great price.The best feature in my mind is the ability to have multiple local numbers and then let the phone follow you around as you travel or relocate.John Corey

Investors get paid for finding solutions when others only see problems.John Corey

Better to spend it now and know what you have spent the money on than to get a more expensive surprise later.Note that the advice and the solution can be used multiple time in the future.John Corey

Or there could be a way to work out a solution.

The best solution (new first, a second, wait for seasoning) will vary based on the specifics.

That way, if does work out and you profit that will be a bonus.Like you said, it would be hard to have to kick him out.A better solution may be to buy the house from him and help him move into a place that he can afford.

With your skills you could bang out a solution before you could arrange a purchase online.

But that doesn't mean I shouldn't try and find the best financing for it.I know I can do a rehab loan and cash-out refi immediately, but I was searching for a cheaper solution in terms of preserving equity or maximizing cash out.