Put that remaining 5K in your pocket as profit.Now you make 2 deals, because you eliminated all the bottlenecks, and you tweaked the method as you learned from the first time.

What are the beat ways to finance remaining 300k ?

if it is aggressive then it will remain so. 

Your friend must have an NAID # and if they do not know what that is....well it will take them 2 months to get oneIf you want to remain friends.......find another agent

If your 1st lien mortgage is 75% LTV, you could ask the seller to carry the remaining portion... 

meant to say now in 2019 the deceased owner remains the owner of record.

I know that publishing articles and creating niche sites is a little different than trying to rank a business site, because you can't just move on and choose a different niche if it's your business, but the question remains the same...

If the property is then forced into a foreclosure auction, the first mortgage would be paid off, then any senior liens get paid, and then the lien that was assigned to you would be paid (in full) -if there is enough equity in the property, or you could win the property at auction for just what remains on the mortgage and senior liens.  

If it isn't a short sale, your end of the job should remain unchanged.

A Section 8 inspector will inspect your property and if it fails the inspection your payments will cease but the tenant will remain -- it will be your responsibility to evict the tenant.