If you have a stable job and have a 401k or similar type retirement account you could borrow the rest of the cash you need to close from it.

The cheapest areas I've seen just browsing around seem to be in Sacramento, but not sure if that's the best choice or not since it's rather far.

In the long run a cash out is normally the better choice and in your situation it could potentially lower your current payment even though you are taking money out.

The type of list is an individual choice and depends on various parameters such as your geographic market, the type of deals you're aiming for, your calling capacity, marketing budget, etc.

For both judicial and nonjudicial foreclosures, New Mexico law gives a borrower nine months to redeem the home after a foreclosure sale.

You are welcome to chat with me and we can locate some choices.

This program also doesn’t allow the borrower to use their own funds in order to exceed the allowed limit.

Or, I get to wait for someone to accuse me of harming the former borrower by not exposing the property to the highest potential buyer pool.

@Benjamin RichardsAs was said by others,  interest on money borrowed for an investment deal is deductible.Also, money borrowed from a relative is not "hard money", it is private money.

Additionally, although the PM may not be technically ripping you off or doing anything illegal, you can bet they are making choices that are not in your best interest.