My friend @Jay Hinrichs taught me something very important: the 3 C'sCharacter of the borrowerCapacity of the borrower to repay the loanCollateralHope I have given you some points to consider.

I've found an unlisted property that transferred for 23k all cash 5 years ago and is now an abandoned duplex w/ a zestimate of around 105k based on B/B count and sq ft, lot size etc...local etc... no current mtg. listed so I'm scoping it pretty hard as my first wholesale offer...trying to find a realtor that can pull comps for me but since they don't really have any skin in the game nor would they I'm not getting much enthusiasm from so-called Realtor friends that I've had...

@Alex Perez  Lender's cannot discriminate against the size of a loan on the residential side.  

I am a title agent with an investor friendly title company In Maitland, FL. 

I have a number of friends/family/coworkers offering to invest in our business, so I am leaning strongly toward using their money for transactional funding which does not appear to be very common.  

They want to help me secure some residential deals.

I have friends who do this and I am aware of some of the issues, tenants, laws etc.

My friend and I are newly real estate investor, we have $20,000 to start.

Derrick:Arctic Char is not bad eating ... just an oiler salmon.A friend of mine studies (or studied) Gurry Sharks (called eqalussuaq by the eastern Inuit).  

We purchased this as a second home with a residential mortgage.