Does anyone have experience buying properties for cheap from land banks, renovating them, and renting them out/selling them?

A bank will not give you the $ as you have to show ability to repay the loan. 

So far it's the bank with the highest LTV I've found.

Additionally, I have $100,000 in cash in the bank, and my monthly expenses for my home and family are around $3,500.My wife earns between $100,000 and $120,000 from her W2 job, while I've recently lost my job but found a new one that pays $65,000 a year.

Quickly I learned I knew nothing about the business of trucking and truly didn't enjoy it, as all those gains got depleted.

If I were to approach a seller of a $200k home, and they had a remaining mortgage of $100k, could I get a new bank financed loan for that $100k, and have the seller finance the remaining $100k of equity to me?   

Quote from @Carlos Silva: Has anyone tried velocity banking?  

So many "investors" bury themselves in complex, expensive situations to protect themselves from some unknown threat to their non-existent business.Figure out if you have any shooting skills (or even enjoy the game) before spending money on $600 Nikes or an indoor basketball court. 

Through this trust, a Mexican bank holds the title to the property on your behalf, while you retain all ownership rights.

The goal is to create nice affordable living that members enjoy and take care of.