As I say, I've never borrowed short term before, from private or HM lenders, so kinda new to this aspect of the game.

Looking for advice on how to obtain a secured (using property) non-income verification type loan for the purposes of renovating a non owner-occupied second home that is owned outright in order to to turn it into a short term/vacation rental (thus utilizing those projected funds for repayment).I've looked a lot of options (mostly from conventional lenders) but 99% of them want to see tax returns/proof of income.

He might be better off finding a private individual to loan the money at 12%

Now I got to the point to start flipping houses and I am in the process finding private or hard money lenders locally.Good luck

As security deposits are the tenants money, it is not necessarily a perfect solution to ask the seller to cover these amounts, but it also creates great risk on my end if there are no security deposits in place. 

Hello, I wanted to get some opinions/critiques on possibly what I could have done to secure a deal, that is still possible in the near future.

If you want to negotiate something with your buyer privately that is clearly just for your work on the purchase of the business and not the real property that may be an option?  

Message me privately if you like, but from your situation we would most likely be able to get it done for you. 

Private message me or checkout my contact info.

But They seemed to specialize in providing funding through private investors which states they will take 1.65% of every profit on each investment.