I suspect you understand that you are building wealth while losing money each month, so the calculation is not really so straightforward

So we did both bought the assets and loaned money to flippers.

This is a very common issue in commercial/private money space.

Money Mustache (MMM), a fellow Canadian who retired at 30, supporting his family through his investments.This introduced me to the concept of financial independence.

This method allowed us to wholesale on the retail market without putting any money upfront.

BP does not promote the easy way to make Money from Real Estate by buying your Home and living in it for 2 out of 5 years to Sell for up to $250,000 Tax-free.

Also I'm speaking from experience in losing a significant amount of money trying to do something similar. 

I could understand if I was looking for hard money or private lenders but I figure if one bank would approve a conventional mortgage on a property most other banks would as well at the same or similar terms right?

If you really want the property and don't mind a small gamble put down an amount of earnest money that you will not be upset to lose and that if you were in the seller's shoes would make you feel OK about taking the property off the market for 60 days and make it non-refundable to be conveyed to Seller upon offer acceptance. 

@Ikenna OkekeogbuStarting with a single-family home rental investment in an affordable market requires education, have clear goals, plan your money, and have a team of experts.