THe think is how to get a loan from a US institution, as a non resident non US citizen, cant seem to find information of who gives it, how much percentage, and how tedious is the creditation process.Will be happy to be in contact with you.

The 2 mortgages are affecting his credit and he wants to unload the first house.In all my researching of wholesaling I've yet to find out how a tenant affects the transaction.

I've done this on rental properties and got the line of credit in a week.

The financing issues now: Firstly I have decent credit: 708, 703, 685.

Its not easy, but everything difficult is temporary and is only preparing you for your upcoming success.

In regards to question #2, really depends on your credit, experience, income and liquidity.

The 2 mortgages are affecting his credit and he wants to unload the first house.In all my researching of wholesaling I've yet to find out how a tenant affects the transaction.

gotcha... although if you just hand in the keys your walking from your downpayment and whatever cash you have in it.your sense are correct all these folks singing on massive debt with 5 year calls are taking a certain amount of risk.. just need to look back to 08 09 when no one could refi and all these properties changed hands.. it was not because of poor operators basically it was frozen credit and banks not relenting or walls st.. hedgefund bought said notes from failed banks and refused to rewrite and took the assets.. since they paid pennies on the dollar for the paper.. foreclosing and reselling was still a better play for them.. 

Probably should drop some names here, what do you consider a "lender" Do you bank with credit unions or regional banks?

If you had that kind of money and credit, wouldn't you take out a mortgage for $53M at 4% if a bank would lend it?