Unless the borrower has a lot of red flags on their credit report such as bankruptcies, crippling debt, etc, lenders will be willing to lend to someone with a low credit score. 

10K is typically a red flag.

Try to satisfy both your wants Use a Red Herring Meant to drive the attention to focus on something inconsequential, distracting the seller from what you want.

Those would be Signal Mountain, Lookout Mountain, North Chatt,much of Ooltewah, and part of East Brainerd.Tweeners would be East Ridge, Hixson, Red Bank, Soddy Daisy. 

You will need lots of players but the Architects coordinates them.

I'd borrow as much as I can against it (tax free), rent it out for more than the payment or sell it on Lease Option with $20k down and use the money I borrowed to buy more properties.Or conversely I'd place it all on Red 32 in a game of roulette. 

Oddly the most ridiculous pricing wars I see currently are on distressed houses, some going for numbers that would put you in the red with anything but DIY rehab paying yourself nothing.

Pair that with a diversified economy that's being driven red-hot by the concentration of technology companies...I don't know much about Seattle, but NY is my back yard.

You will want to be aware of the process and the players involved in foreclosure.You may also want to also be aware of short sales. 

It is a community that is filled with professional ball players and other high paid occupations.