I have recently been learning about wholesale real estate and creative finance and thought that they were amazing ways to get into real estate without needing large amounts of capital on hand or taking out a high interest loan.

FHA Loan How did you add value to the deal?

I was pre qualified for a DSCR Loan shortly after buying my first house but due to financial constraints to come up with 20-25% of the down payment I feel like I’m stuck.

Investment Info:Single-family residence private money loan investment in Sherman Oaks.

1/3 of rehab loans are defaulting right now...If you have zero capital, I'd just get to work. 

We consider looking for or offering products, properties, services, referrals, recommendations, or loans to be advertising according to our forum rules. 

The loan is through my bank and I haven’t paid him anymore money until things are fixed.

Alternatively you could explore a fully pre approved loan commitment to present to the developer and likely still negotiate aggressively.

First home will be with the VA loan so I have to homestead it and then after the first year I am refinancing then turn around and do it again for the 2nd home, but I wont have to wait another year because I will have the rental history at that time.

I’m accustomed to doing properties that I purchased with a loan.