I do not have any real estate investment experience but I am very motivated to get started.

I always do options so I make sure to give my option check to the motivated seller the day I sign up the deal. 

We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!

Since I’ve increased my deal flow to a significant degree, I find that this technique eliminates the wasted time and effort of dealing with people who aren’t highly motivated to close a transaction.  

Lenders gave low rate loans at 3 which they would rather churn and turn to profitable ones today at 7 so there is motivation to get paid off.

I bet this increases supply substantially and increases the number of motivated sellers.

Dealers/movers definitely know what they can get, and private sellers follow suit so you'd have to be motivated/connected AND be able to move fast to find a fair deal on a decent 'newer' used manufactured in the first place.I'd probably go new 75% of the time vs what I've been able to find price wise, used, personally..

Steve, your comment motivated me.

The main motivation for me getting into wholesaling was the fact that I need capital to get into long-term rentals.

@Alessa LeSar get a HELOC on your primary for emergency purposes only.Keep saving until you have at least 20-25% down for a DSR loan.Start setting up systems & building your network to find motivated sellers willing to take less than market value.If you find a very motivated seller, you may be able to sell their property to an investor and get a commission plus finder fee to add to your savings.Over time, this will build your network for investing, which is a different network than what you have now.Be careful with your expectations for your sales in your 2nd year.