Make sure you know where the guard rails are with your bank. 

Keep in mind banks still pool forclosed assets together and sell them all together as a group to one company.  

Meanwhile, bank money market paying 7.5%. 

I mean myself and any bank would need more details, but if you utilize that large sum as a downpayment and have a small mortgage, wouldn't you easily qualify for the debt to income?

Bank Credit Line How did you add value to the deal?

@Glenn Banks ok can you tell me more about it?

Quote from @John Clark: Did you check for houses on the auction list,  or you can check with banks and look for REOs and convert that into a single family home and house hack or turn it into a Airbnb. 

Are there other options that could be better for a construction to perm loan (not through a traditional bank)???

Quote from @Brandon Croucier: 12 or 24 Month Bank Statement is probably the best bet.Where would I get one of those? 

Give me a shout if you have questions, but here's the short of it.Best financing is going to be from a bank or a conventional construction loan.