Investing is a get rich slow business, not quick. 

Rich,Yes, your contract, if you have done it correctly, they need to send you that buyer.

When we master a simple marketing mailer we will be very rich. 

The traditional structure is a commission split: the broker will probably generate more leads for you, but might take 50% of your commission when you start.

So if you really need a loan you can pretty much just eliminate traditional finance channels from your list of prospects.You should have no problem raising the money from your friends and family (may take several people).

If I do move to a less expensive market, I think I have enough capital to do a traditional mortgage if necessary. 

In almost every case traditional sales channels could have delivered a cash buyer with lots more money for your seller if they only waited a few more weeks.

Sorry just a dig at the TV Shows and get rich quick guys.

(Think herd mentality)Nothing new, been through a few of them,.....I checked that one prop the OP posted, those are everywhere, non cashflow, lots of renovation needed types of places.I say, "let 'em sit for awhile and stew" better deals for those that wait and keep looking around I'm thinking.Yes, LA has a housing shortage currently, and it's not the first time.We're in no hurry to buy at the top of any cycle, especially considering the sq ft costs being achieved right now in sales.Might be cheaper to build new in another state than pay $279 per sq. ft here with less than grade A tenants,...Unless throwing 120k - 150k down is easy for you for 1 property,....I say go.I'm not so rich I can afford to be cheap, (or silly) with my dough.my .02

Instead, you either have to go with traditional methods such as asking family and friends for help, or you have to think outside the box and consider approaches like peer-to-peer lending and crowd funding.