Property Preservation Companies - these are companies which secure preforeclosure/foreclosed properties for banks.

Now, I would base my returns on $75,000 down payment ($55,000 to the bank and $20,000 in deferred maintenance).

@Chanoch Moller, Finding financing independent of banks or different lenders is very difficult to accomplish.

one option is try to wire the money from bank to bank, something like this happened to me but I paid everything to escrow and they paid my collector. most of the collecto information addresses and phone number should be on your credit report.

About a third are paid off and my reserves and bank accounts allow me to loan some money without jeopardizing my business.I am a leading member of my local REIA and have met with someone from the group who has flipped abut 6-7 houses and is interested in working with me on her next flip. 

The online sales across the USA of bank-owned properties allow a window before closing that hard money (and private $) lenders need - often times you pay 5% of the winning online bid and your closing 30+ days later works for the requirements of the lenders. 

Can you explain in more lay terms what you mean by "most lenders on the refi will allow 70-75% LTV? 

Portfolio loan local bank, 20% down How did you add value to the deal?

@Joshua Von Schlutter if you are using a conventional loan, Fannie/Freddie will allow 15% down...some banks don't follow this rule but it is possible to get 15% down on an investment property. 

Could you explain to the tenants the cost of using CCs and pass that fee onto them for using something other than cash or check?