It depends where you are.

Depending on the actual age of the property, at least some level of deferred maintenance is not uncommon.

Depending on your exact situation, you could likely get something closer to 7% and make these numbers work a little better.  

Depending on the volume you would be submitting, find a company that does not have high monthly minimums and can walk you through the process if this is your first time using.

Also, depending on the amount you get from your divorce, you might have more options. 

Hi @Jerry Nogueras that depends on your goals and how open minded you are to different strategies. 

You'll create cash flow every month and then at the end you'll get another bump of $40,000 or more depending on your loan amortization schedule.With the 70k down payment buy a house from wholesaler with a hard money loan that is well below market value.

Plenty of other great groups depending on your focus.

It seems simple, but it's not a DIY thing because of technical rules that are different depending on circumstances.Or, you can pay a lawyer to file an ejectment lawsuit, the developer can pay a lawyer to defend the lawsuit and redeem, and the developer will also be responsible for reimbursing your legal fees, plus interest. 

Depending on where the property is and the lender involved, and what he has told the lender, and so on and so on, you handle things accordingly.