Traditional 30 year fixed How did you add value to the deal?

How are they better than traditional loans?

We even coached them through the light rehab to get them ready for max rent.

But inventory is low and most wholesale deals dont fit the traditional formulas.

I am using traditional owner-occupy residential lending at this point, so buying multiple properties will require more money down in a market that I cannot afford to spend 25% down on multiple properties.

Omar - thanks for the post and  questions 1) yes - hold off on opening any new  debt if possible  as  any new  debt will indeed  affect your "  debt to income ratio "  and  lower  your borrowing power2) student loans are  tricky  - many are  deferred  presently  due to  covid  ...if you have  student loans - get  repayment terms in place so that the  actual repayment  amount can  be used in the   debt/ income ratio ...if you dont have any student loans yet - try to  delay 3) regarding rolling in rehab  costs to the purchase loan -  this really  depends on what  remodeling  you  plan on ...if its  realtively  light  rehab  work and not a ton of money ( eg...paint /   flooring  etc )  you  might  try to  minimize the  down payment / use a  reguyalr loan and  keep as  much  cash in hand to  do remodeling out of pocket  ( and  with using other funds)  ...if the  rehab is  very  large and  expensive - the   reno  203K FHA type loan is an option to  consider 

Pulled electrical cords from each light sockets.  

Traditional lender I normally work with, will not lend unless I do a quit claim into my personal name from LLC.

A hard money lender could help him get started if he located an off-market deal but he would want to quickly transition into traditional financing.

You could also ask a family member or friend to step in and co-sign to speed up the process, but building your credit will be the key if you want to purchase a property on your own, unless you go with a non-traditional financing route.