:( I was able to buy 5 units that way while in school with a very low income though.

I pretty much still lived how I lived in undergrad and grad school (very frugally), and was able to pay it off in half a year.If you can refinance at a lower rate, say 2-4%, that's a good option too so you can leverage your cash in real estate investments that make 10% or more.

After a few months of school and work here in Fairbanks, AK, I'm finally able to invest the majority of my time finding and making deals in the Salt Lake area. 

My plan is to invest in Kingston, NY (Ulster County), which is part of the Hudson Valley, which once inspired an entire school of painters!  

Then once we decided to get into real estate more seriously we got the HELOC and used that as downpayment for the next flat.We wanted to use it to get a 3rd one but the bank said no, so I will let my two flats collect some more equity while i gain more experience and I will try the bank later once I have a longer history with them and they trust me more.In the mean time Im now learning about fundraising and moving to Dubai will mean I get to get more leverage there in some time.

I've only been doing the wholesaling thing as a part time gig aside from work school and other business endeavors and I wanted to add some people to my friend list who are either doing Wholesaling or getting into wholesaling.

I'm pretty inexpensive (about half compared to typical small firms) because I also work full time as an attorney, and merely practice on the side to assist with my real estate deals and pay down law school debt (which is mortgage-sized), but I'm also very good (graduated with honors, guest lecturer, published papers, etc). 

Also, keep in mind your application is the first line of defense, so it could be (like Dracula to a cross or light), the application is doing its job and turning people away--even though they love it.... due to their rental or credit history.  

It may get you some more interest but again if the old tenants haven't moved out then it will still be hard.Now is a bit tougher time of year now that schools are back in session but with it being a 2 bedroom you should still have some interest from those that don't have kids and are typically good to move at any time.When are they moving out?  

I'm currently going to real estate school to get my license.