I'm also in the process of building a spec house with a partner in a Texas resort area, which is a first for the both of us.I think I am unique in that I have only ever used commercial loans to buy investment property, which I hold in LLCs. 

It's been professionally managed since I've owned it (I am an out of state investor).I am in the process of vetting realtors to see who I would want to list it for.

It's been professionally managed since I've owned it (I am an out of state investor).I am in the process of vetting realtors to see who I would want to list it for.

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.