The reserves that the bank requires are there for a reason, thanks for pointing that out. 

@Dion DePaoliHe obviously can use a private lender or Bank.

Most banks are going to require 20-25% down for an investment property. 

Will the banks allow that?

Wholesaling is definitely not as prevalent in Canada and there are certainly not as many foreclosures / bank owned homes as the USA As for flipping, strategies those can be fairly similar such as the 70% ruleTaxes and legal stuff is different as well The concepts are similar and the strategies can also be similar

I have a potential tenant I'm screening who is moving from out of state for a job.He has asked if there is another way to pay the deposit/1st months rent other than cashiers check or money order because his current bank is not here in my state.Before I respond to him I want to ask on BP if there are other secure options?

I did mention in some cases (from what I've been told), that the bank will give relocation money, but I did not make any promises.

She said it had something to do with rights of ownership that the banks didn't like.Thanks in advance for your time!!

What I didn't calculate was that, in between funding rounds our team sometimes doesn't get payroll for 2 months or so until investment dollars hit the bank.

Should I go through a bank or are there better alternatives?