She explained they had 2 NC offers on table.

One was on the MLS I feel like I got an amazing deal and was able to scoop it up with no other offers on the table

There’s all kinds of shenanigans on both sides of the table these days.

These are the options I see on the table:1.-  I could do nothing, wait for the note to mature, foreclose in my borrower and "cure" the Title after the property is mine2.- I could split the cost and pay for 50% of the cost of "curing" it or 3.- Offer to pay 100% of the cost to allow him to close, with the condition that he pays me back at closing.Please, I love to hear your input about the right thing to do and don't want to be taken advantage.  

@Dave CamposI believe number one you should recognize what your skills are and what you bring to the table for a partner.

I have 26k cash to bring to the table for DP & closing (this number is growing as I save), but I was trying to get a large enough loan to finance the rehab (ideally cosmetic only)Thanks in advance!

would appreciate some clarification on this, thanks I would also like some feedback on how to use the amoritization table, thanks 

@Dan Dankberg, in SY area, where I'm at, unless it's zoned commercial or large ag (with some exceptions here and there), it's being done under the table. 

That will have a negative effect on the value of the property.Another thing you might be able to do is to create that second small bedroom and make it legal (window & closet) and separate the bedrooms with large French doors (or barn door to save space). 

At the end of the day, as long as you show up that the closing table on time, and the seller gets their money, they don't care where it comes from.But to answer your question, a hard money LOAN is a loan, not cash.