I am looking to start building a cash-buyers list for my wholesaling business as well. 

Seller pays the buyer agent commission anyways so you think you are ahead of the game paying 97.5% of the sale price.

I currently have no homes in my name but I am married and fear that I wont qualify for a first time buyer and would have to put 25 percent down as a investor.

.#6 Don’t Buy from Unmotivated SellersMotivated sellers are usually willing to work with buyers, so focusing on finding motivated sellers can result in making great deals as a real estate investor.

My Father sold his home in WV and setup seller financing for the buyer. 

I have an excellent property in Hercules, California if you want the information and are a serious buyer let’s connect!

@Ryan Blake I would love > 1.25% and think coverage like that is attainable, especially if I become a cash buyer with private money and I am patient enough.

It definitely shouldn't go directly to your (the buyer's) bank account.

Would I run into any trouble because I am an out of state resident/buyer in Virginia?

I was curious if there were any methods or techniques to finding qualified buyers for lease to own options.