This means, on average, that this person is facing foreclosure or bankruptcy, and has no other reasonable options.

I have two phones, one for business and one for personal.

The best part is there is no ownership seasoning period with one of these lenders and they don't report to personal credit.

Since your property has high resale potential, some lenders may be willing to work with you.Cash-Out Refinance – If you’re open to refinancing, you could take out a new mortgage for a portion of the home’s value (say, 60-70% of the $500K), and use the cash difference for renovations.Personal Loan – If you have good credit, you might qualify for a personal loan for part of the rehab costs, though interest rates are typically higher than secured loans.Partner with an Investor – Given the potential profit, you may be able to find a real estate investor or contractor willing to finance the rehab in exchange for a share of the profits upon sale.Your best option depends on your financial standing, timeline, and risk tolerance.

I would not borrow from ANY lender I learned of over the internet unless I knwe personally people who had used them. 

Personally when buying rentals I tend to buy in neighborhoods that I feel like I wouldn't personally mind living in and when I look for tenants I try to look for people that not only pass my screening but also I personally don't dislike.  

Melanie, as much as I understand where you're at with this, I would have to disagree based on personal experience.

It's always nice to get a personal referral. 

That's just my personal way of really feeling like I've comprehended the topics rather than just listened to them. 2.

I think of it like an employee or personal assistant.