Family Partnership or Friendly Joint Venture - get a group of folks with a little cash to work with youSeller "RE-Fi" for Takeover - have seller refinance the property - take over his mortgage potential nothing down - do subject to or assume - you can do a delay settlement - seller can take interest and depreciation deduction while you have equity ownership.Always ask for seller financing - the following are some ideas of this subject --What you need to think of is how can the seller financing help you now and in the future -The best mortgage you can have with a seller is one with no interest - it is called a principal mortgage - all payments go to reduce the debtIt should be fully assumable without qualification - this will help you if you offer the property for sale in the future - built in financingThe interest rate - if you have to go there - should be as low as possible - so that when you sell in the future you can do a "wrap around mortgage" and make interest on money you oweYou should have a first right of refusal in the event mortgagee decides to sell it at a discount - you get first wack at it.You might want to consider a "Stutter Clause" this lets you miss one payment a yearthat mortgage should be a "subordinated mortgage" this lets you refinance and put the owner financing in second position.Put in an early pay off discount - so pay it off early and take a 10% discountU may want to make that owner financing a personal note - not a secured mortgage -- this way you can refinance immediate and walk with some cashYou could secure that mortgage on another property you own or a partners property - this frees up the equity to refinance and walk with cash (to be used to invest in other properties)You could ask for a delay in mortgage payments for a few months - gives you time to flip it without paymentsyou could ask for interest rate at "prime rate" this is what banks borrow atMaybe NO payments for 2 yearsAngel Investors - there lots of folks out there with money - show them how they can increase there interest by investing with you -or lending you money - offer them an "Equity Kicker" that is a bonus when you sell the property and pay them off - if you present right they'll love to give you $$Chattels for Equity - trade something you have or something you can buy on time to use as consideration.

The security deposit "he did it, no she did it" to the communal area can be a nightmare, and most tenants (who did not collectively apply together) refuse to be on a lease together (joint responsibility).

I'm genuinely curious!

Other than that, a genuine lender should never ask for upfront fees.

If you'll genuinely be able to get $110k once it's rehabbed, might it be a better flip candidate?

Looking to partner with people who have genuine integrity, and are motivated, excited, and ambitious!

You need knowledge and money and a heart for genuinely solving seller problems.  

Because of my concern I asked that her fiancé also complete an application as I am considering them jointly. 

Caffeine can make the brain overwork and it usually starts over analyzing then.Side tip, best gin joints to find people to do deals with are in or near airports during the week.

@Neil SchoeppNeil I agree with you, I have enjoyed the book by Cherif Medawar “blue ocean opportunities in commercial real estate” I have even contacted him directly and did his Joint Venture program successfully (much easier and more profitable than multifamily) Thank you for sharing!