First Wholesale deal

[Cory Hill]

I have a wholesale opportunity where I have negotiated the sale price down much lower than market value due to a motivated seller who just wants to get rid of the property. Initially, I was planning on using a HELOC with the equity in my personal home to purchase this property, do a few minor updates like new carpet and paint and turn around and sell it within 30 days for 10k over what I paid. I already have interested buyers. That said, I am now running into issues with getting the HELOC due to my DTI (Debt to income) ratio. I am now forced in a position to wholesale this deal in order to still make the profit while not being able to utilize any of my own money. This would be my first wholesale transaction and I understand the concept an the process, but how do I structure this so that the seller is happy? Can anyone provide a wholesale contract that I could use. Also if you have suggestions on other lending sources that might be more liberal on my DTI that would be helpful also. I have about 85k in equity. Located in Colorado.

Thank you in advance for any feedback and suggestions. Hoping to find a way to not miss out on this deal I've worked hard to put together.