Other investors wanted a 740 credit score with me using my own money to kick start the project as well as 3 years bank statements, 9% back, 4 points, 100K in the bank and so on and so on.

The bank basically told her, "Hey, just do your job and add the smaller house to the deal."

Is a traditional bank loan the best route for a couple with no connections?

I have multiple LOCs through banks.

Apparently they messed up and the property was foreclosed by the county and was then forwarded over to the Land Bank. 

Make a use of funds, proforma, exit strategy, have your personal and business taxes and bank reports available, your credit score proof. 

If the borrower will have seven to ten financed properties, the mortgage loan must have a minimum representative credit score of 720; all other standard eligibility policies apply.There are plenty of banks and lenders out there that will follow Fannie exactly so you shouldn't have an issue going up to ten investment properties.

Shoot, I had already lined up a separate account that the bank would pay on “A SPECIFIC DATE” monthly payments.

Hello All,Here's some background - I'm looking to buy a distressed property from my local land bank.

Most small banks and credit unions will do portfolio, or commercial loans.