With a viable deal, lenders can send it to their network of buyers, providing financing options attached to the offer.

Any other option except Open phone?

Happy to help with some creative strategies and chat through some options!

@Daniel King as long as you give tenants payment options, they can "pick their poison".Most free software for owners, make their money by charging tenants.We've designed our charges to encourage online payments and discourage mailed payments.FYI: not sure you can legally NOT accept cash, but you CAN require them to only deposit into your bank account instead of giving it to you.

Quote from @Michael Nelson: I have a few deals coming down the pipeline and want to free up as much capital as possible.senario property appraised value 430,000amount still owed 220,000 Hi Michael, You have so many options in this scenario, especially locally in CT.

Would vinyl plank or just some wall paneling be a better/cheaper option? 

Keeping both residents (and collecting late fees) is an acceptable option as well.

We are looking at all options and any suggestions.

I'm currently exploring loan options that would fund both the purchase and rehab costs.

I think a lot of people get stuck on the 203K, but there are options for renovation loans that are Conventional, VA, and USDA in addition to the FHA 203K and real estate investor loans (ground-up construction, flip, and DSCR).