@Patrick Philip,Well, banks are "flush with cash" these days, but no, they do not have unlimited funds.Also, when banks lend, they impose certain restrictions on the loans, the borrower, the collateral, the terms of the loan, etc. so the note can be sold in the secondary market or be insured by government-sponsored agencies like Fannie Mae, Freddie Mac, etc.Private lenders ("OPM") typically don't write loans to sell them, and typically are interested in the deal rather than the borrower's details.Using OPM down usually means putting some kind of partnership, joint venture, etc. together so the source of the down payment is less of an issue or a non-issue to  the lender(s).Dunno if that helps...

It's paid by auto ACH and keeps records of all payments so there's no confusion.Good find and good luck @Nolan Martineau!

One of the joint tenants is deceased and the other is the child of the deceased who I am having trouble locating.

They must pay through Bill Pay/ACH transfer.  

Cal right now, but we're also looking at venturing out into the Midwest and we're always open to doing Joint Ventures if that's something you think you might be interested in.  

Ross Ellington , if the sum of your mortgage interest, any points, and property taxes exceed $6,300 for single filer or $12,600 married filing joint or $9,300 for head of household THEN you would elect to itemize your deductions and lower your taxable income by the sum of interest, points and tax.

Refurbish and flip is more of a head ache to me.

Either way, you'll need to have at least a joint venture agreement with a partner that you have a good relationship with.

It's actually the land of the "fee" :)  Jokes aside you can often get away with things like that even if they're not permitted provided you don't put noses out of joint (with neighbors/tenants etc).

ACH is another way if you're comfortable giving him an account number