I want to purchase the property however I am having difficulty getting financing due to my FICO score.

Having difficulty locating any concrete info..

juzamjedi makes great points about the difficulties in putting something like this together.

I'm also self-employed in my sales job so I'll have some difficulty with qualifications.

I am here in So Cal also and have stayed away from investing in other areas because of the difficulty of managing and due diligance from afar.

It happens all the time in my area of Panama City Florida.Many private property owners will do this but you may have difficulty with property management companies.

If a Bank is having difficulty evicting him, whatmakes you think that you will do better?

I did auto loans in the Chicago area for several tears and typically, you would not want to refinance a car, its a bad idea, and even then, having a bank to do it is another difficulty altogether.

Where I typically search I can find the deals and sellers but buyers have been the difficulty.

The reason I am having difficulty is more or less what Ryan Webber said in his last paragraph regarding "tying" instead of "buying".