Local banks and credit unions would be the way to go.

The problem is the great majority of wholesalers don't have the capital or credit to buy a property outright so they use a multitude of carve outs in their contract to back out of the deal, which leaves the seller no better off, and arguably worse off, than they were before the wholesaler contacted them.

Hi Everyone, I am going to be using cozy.co to do background/credit/eviction history checks for my rentals going forward.

My name is Alicia few things about me:1- Wife and Mother of 2 small children2- Decent about of Debit - $15k credit card debt about 240k in mortgage debt between my house (3BR 2Bath) and our (1BR 1Bath Condo).

A few months ago, a thread here at BP caught my attention regarding quick easy and painless HELOC loans using rental properties as collateral available from PenFed Credit Union, often approved without even an appraisal. 

File Form 3115 instead since it doesn't require amending, you can file it at any time and you'll get your catch-up depreciation credited to your taxpayer account within 30 days.

Done properly, a rent to own deal can be a way for someone with credit troubles to buy a property. 

It can be treated like a maxed out credit card on your personal credit score if you pull out the max amount.

(Score.)

My credit and cash flow situation is pretty good but I am thinking of worst case scenarios.