I spoke with more asset managers at banks regarding foreclosures, and sent more letters to peoples homes offering to buy them than I can ever remember.

I make over 100k a year, have a decent house, 2 cars and vacation whenever my bank allows me to.

I have around $15k in the bank but should be able to liquidate another $6-7k in a month or so.

The old “bank can’t foreclose” is typically BS.

Was it a portfolio loan that then refis into a conventional loan (I do know of a bank that allows this for 1 year interest only then refi into conventional loan) but not something you can directly delay finance in 9 weeks into a conventional loan. 

Because I don't have a mortgage and not amazing credit I don't look great for a traditional mortgage through a bank. 

Call your local bank one by one and ask for a portfolio loan.

Or try local banks in your area to see if they'll do purchase + rehab funding (speak to the commercial lending department).  

We got financing through a local bank (portfolio lender) and along with the Residential Contract of Sale, I brought our calculations in a BP Spreadsheet along with a spreadsheet for rehab costs.

Best bank I’ve found will only give me 80% LTV over 25 and I’ve been looking for a while.