How can I build my credit and financial profile to qualify for loans?

We have around 20k in savings we’re hoping to do our first BRRR with using a FHA loan in the future.

I was told the reserves are a requirement of the REIT loan that we have.

There are DSCR lenders will allow only a single 20 or 25% owner of an LLC to sign a Personal Guarantee (other owners are not on the loan, or liable for the loan).

And you have to pay PMI for the life of the loan.

We use a combination of HML and our private investor network.

Kathy, check out Anchor Loans as a comparable. 

Doing so will seperate your investments from your personal assets and protect you from liability. also, one thing you may not know is that you cannot get a conventional loan with an LLC.

Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do? 

My original plan was to find a 4 plex in california buy using fha loan, move out after the first year and generate cash flow and appreciation, but after looking at properties it became clear to me that’s not possible with todays market and interest rates.