This will do two things for you.  1) it will help you better underwrite deals, and 2) it will give you a track record.My second guess is once you've done this and found success, you will no longer be the "wholesaler from Torrance" and become a private investor...Best of luck out there!

If there is any construction in your area, track down the builder or owner and talk with them.

When you come in and seek a loan for FLY BY NIGHT LLC, with no credit history, no track record, etc, you're not going to make that loan. 

In invest in Pittsburgh and for the past 1.5-2 years i have had a horrendous track record of NON Paying tenants. 

I understand that the house would have to be in my name to protect myself, and check to make sure he has a track record of success.

This for an operator with an experience and track record.

I continue to put in about $1,000 savings each month, plus all the rent money I collect.I'm on track to buy one each month and each one has gross cash flows of $390 or more after paying lot rent. 

Once you are able to establish a track record, and a comfort, then you can start working more creative deal structures.  

The borrower likely has no track record and is moving from residential to 5+ units, the sellers tend to keep poor books as they manage themselves with those few units, at a 10 unit level you really can't land a professional multifamily PM company as it's not worth their time versus larger buildings.

Now your education begins... on the fast track!