Yeah, I would go with a local credit union or bank - they have the best deals. 

I spend all my time finding acq wholesalers who have deals and connecting with buyers.

They will ALL try to up your rates, but you can usually mitigate the amount of the increase with a new 4-point and a call to your agent.If my carrier changes because my agent found a better deal, they typically want to come inspect. 

If it appraises for $400,000 and I take out 80% I will only have $20-$25k in the deal.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

You can leverage the first deal you bought and your experience so far, which is a lot compared to someone starting.

What made you interested in investing in this type of deal?

Wondering what the process looks like for getting a conventional loan for an out-of-state deal.

Would it be a good idea to take a deposit to secure the deal until the rule clears?

@Bridget HustonWelcome to the community and be ready for a huge amount of information at your finger tips.