Read my post on "Broad Discussion on Funding".Determine how much collateral or cash you have to put in.Then decide upon your financing method and its collateral requirements.Example:You have $50,000.Traditional bank requires 40% collateral, thus your largest deal can be $50,000/.4= $125,000.SBA 10%; then $50,000/.1= $500,000Use this to narrow down your property search parameters. 

I'm under contract to buy a house for $140k, that needs $50k ("high" guess) of repairs, to bring an ARV of $220k ("low" guess). I had a 3y balloon loan lined up for $100k, but the local bank backed out after seeing th...

Broad questions but I cannot run the risk of doing 12 appraisals and then 60 days from now have a lender back out when I can have a more agile lender close faster with more certainty.

—The term “covered property” means any property that—(A) participates in—(i) a covered housing program (as defined in section 41411(a) of the Violence Against WomenAct of 1994 (34 U.S.C. 12491(a))); or(ii) the rural housing voucher program under section 542 of the Housing Act of 1949 (42U.S.C. 1490r); or(B) has a—(i) Federally backed mortgage loan; or(ii) Federally backed multifamily mortgage loan.(3) DWELLING.

I really do need to define a process for it though.Thanks for the replies everyone! 

I agree that it is tough to paint commercial real estate, or even a particular sector with one broad brush. 

Definately check with other lenders.

Definately check with your tax professional but if both units are included under 1 title, then I would assume that it would fall within the rule. 

@Marlen Weber sorry that was broad but I want to start with wholesale then from there rentals from the profit off of wholesale.

The first thing you want to do is define your goals in what you want out of your real estate investments.