I don't want to wait, so I'll be looking for a second portfolio lender to do a few loans for me until the first one is ready to come back in the game.

They could be misleading me but that is part of the game I guess.

While agreeing with Dave on personal finances, I also have read all of Robert Kiyosaki's books and have ace'd his cash flow 101 game. 

YES if you are willing to admit to yourself that you will be ETHICAL and play the game to win.......

I'm ready to jump in the game.

RE is a numbers game.

It's nearly impossible to see every difficulty that may present itself... anything from Mechanical failures, Roof problems, Electrical or Plumbing problems, Structural issues, etc.Most importantly... know your end game.

Haven't been able to get financing because we can't put skin in the game, so we gotta get creative.Our plan is to talk to the seller about doing seller financing, with the seller paid their interest (and the principal, of course) when the property sells post rehab.....so that would take care of the seller.  

If they are, the have some skin in the game to make this project a priority.

This would definitely increase your cash flow position and you would have more skin in the game for the mortgage lender.A couple years down the road, you could do a HELOC to pull cash out for your next wealth-building purchase.Good Luck!