We were supposed to close tomorrow, but the lender called last minute and said our business tax return transcript came back rejected.

regarding a licenses, you dont need one to write an offer on your own behalf, you would need one if you did it for someone else. as for wholesaling, that "and or assigns" that is usually put in an offer to be wholesaled, pre crash, we saw it all the time, today, bank sellers will reject those, and any regular seller with knowledge, or getting legal advice will want it removed, its telling them they are leaving a considerable sum on the table.

I made a few offers, that were rejected.

I put in a lot of offers and get a lot of rejections.  

My lender wants 1.25, so I believe they would reject it based on that low DCR anyway?

Zillow rejected my FSBO Land listing.

@James D Malone I am intrigued by Facebook, but with me rejecting so many interested people immediately (smokers, pit bulls, not enough income, etc.), I'm afraid of personal reprisals. 

The seller's agent accepted a 2nd offer after the seller signed my LOI.This is what happened.1- I submitted a first LOI, the purchase price was low and it was rejected.

Number one reason people get rejected. 

I personally reject any applicant offering up front payment without bothering to screen them at all.