As J Scott stated, the "lender" typically is not on title, the other entity with brains/brawn would hold title, you would hold the deed of trust and promissory note (plus personal guarantee rider from both individuals) against the property.Another structure option would be for you to also join in on title as a partner for an equity share in the deal and that can be structured in any format you all deem a win/win/win.

A win for the little guy! 

The units are 6 duplexes so separating them is doable to an investor for longer term gain but not in our cards because the bank loan and their unwillingness to let us pay off the loan one sell at a time until our loan is satisfied.

@Don Konipol for the win.

Use a 0%apr credit card or your family's money to rehab the property.

Send out a post card or yellow letter saying that you are interested in buying their home. 

Do you maintain a list of people for other reasons, such as marketing, Christmas cards etc?

We are sitting on a house of cards at the moment.

If I play my cards right I will be Anel to do a cash out refi, still cash flow decently and take all my equity out to do it again.

It looks just like a credit card if there has been no activity on it.