I have a vacant house (tenants just left in the past month) with a loan on it.

It’s definitely still possible to make the numbers work with a Cape Cod rental, but you’ll need to be selective.

The main players in this space are Guidance Residential and UIF, but it turns out that they may just be purchasing a Freddie/Fannie loan on the back end to finance the deal and then structure it differently for the buyer - which isn't in accordance with their religious rules. 

It’s not just an investment, it’s a business.”

This will hurt the tenant's credit score, it will warn future landlords when they run a credit check, and it will prevent the tenant from qualifying for a personal loan, home loan, etc.

How did you find this deal and how did you negotiate it?

I get the gist of this but not completely sure how it works out also would it be smart to use a private money lender for gap funding in order to come with the capital needed to get approved for the fix and flip funding?

With $33,000 in strategic renovations, we modernized the space and elevated its appeal.

With this new reality it is imperative that buyers are aware of these expenses prior to submitting offers on homes; they should also be aware of the risk that these costs can appreciate aggressively.https://www.nbcnews.com/news/amp/rcna163853

You definitely want to do lots of learning.