This can be done via a DSCR (debt service coverage ratio) no income no doc loan for both the purchase and refinance . 

Best thing to do is first, hire a transaction coordinator (constant close or equivalent), along with a third-party note servicing company ( like Evergreen or equivalent).First, secure the sellers equity payments by executing A) Promissory Note and B) Mortgage Deed of Trust for the seller's second position. 

You catch problems early and can charge back repairs.

JLR/ Mon Prospecteur These are services where for a monthly fee they will have combed through #1^ and found the leads you want.

As for what what @Alan F. said, you have to take it with a large grain of salt because its not a good idea to blindly take advice from someone who sells a service/product.

Brown and not an "outsourced" service.

Inspection calls out repairs that should be done .. whats  asked for ?) 

The purchase price was very attractive, the repair and renovation was pretty fast because one unit was vacant, so we were collecting rent the entire time of ownership.

Zillow, Trulia and other real estate data platforms began to break down the closed doors of fragmented local market multiple listing services (MLS).

Obviously, you will need to deduct for repair estimates and "safety margins" plus other expenses you will encounter."