My idea so far is something along the lines ofReceive list of non-performing loans offered by a bank, Freddie Mac/Fannie Mae, some other source.Underwrite each loan to determine the price we are willing to pay, given the info providedSubmit bids on each loanPurchase the pool of loansReach out to each homeowner, determine whether new terms, deed in lieu, or foreclosure is best optionSell newly performing loans or foreclosed propertyDo I have it mostly right?

Bank statement, financing, proof of funds, that kind of thing.

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).