I am currently in the process of obtaining my first buy and hold property..my only dilemma is which route to go in order to finance the property..to give you guys an insight on my scenario I have good credit (740+)..access to down payment money (10,000-15,000)..no prior investment history..Im not sure if I can do a conventional loan because my debt to income ratio may be too high and from my understanding (correct me if I'm wrong) Hardmoney lenders are typically better used with flips and rehab properties..can anybody help me understand my options to financing my first buy and hold property😩..thanks, Shane

And how would the process of buying from them work?

This will be a long process, especially since you have already been trying to get them to  work on the issue already with no luck. 

Their only punishment was damaged credit, but now enough time has passed that their credit is restored and they are ready to start the process all over again.

I gave you those options based upon a simple process of elimination.

Of which I'm inheriting a tenant (unit 1) and getting the CO for the 2nd unit in order to begin the process of finding new tenants.

We realize this will be a slow and methodical process, but we believe this is the way forward. 

There are a few tenants of three, four years I have never talked to and only met a few times being at their house or during applicaton process. 

They are processing the purchase.

If you are in the process of FHA financing you need to sit very still until that closes.