And a ton of money sometimes when we are careful.Stick to your lease agreement, get the Security Deposit, get co-signers if need be, and always run a credit check.  

My possible strategies:1)  Take out a home equity line of credit on the condo.

My most recent credit score is fair-good and by my calculations, I will have $10K saved by the time that I am ready to purchase the property and move in, but that's my only liquid capital ($10k). 

The franchise owner has a strong credit history has over 20+ stores and the sales of this location appear to be strong.

I am new to REI my plan is to buy a duplex with my credit (have good credit no kids or student loans) and within 6 months purchase another duplex as well.

One possible idea: I suppose if the banks sold you the note before the foreclosure sale took place, you could argue that the "holder of a mortgage in default" exception should apply to you as well.

. - Ask for the cincinnati port authority grant- from whichever lender you use, that grant paid my entire down payment so all I came to the closing table with for a $175k house was $3200 in closing costs - To qualify you must have 700 credit score and not make over $100k.  

He has poor credit cannot get a loan.

If you have to put everything on credit cards so you can pay your Contractors, or find a small loan for it, go that route.

And with a cash-deal it’s not like you worry about DTI, credit scores, etc.