Also, I’m wondering if banks will issue any business credit cards to a brand new LLC?

Once you have tenants placed you have nothing to do really.Also, until the rental income is aged 2 years most banks won't accept it as income.Now, just save you job income and put it towards the next purchase.

I did a little research and found out it's bank owned and a real estate agent I spoke with said "there's no movement on it at all" (whatever that means!). 

My idea so far is something along the lines ofReceive list of non-performing loans offered by a bank, Freddie Mac/Fannie Mae, some other source.Underwrite each loan to determine the price we are willing to pay, given the info providedSubmit bids on each loanPurchase the pool of loansReach out to each homeowner, determine whether new terms, deed in lieu, or foreclosure is best optionSell newly performing loans or foreclosed propertyDo I have it mostly right?

Bank statement, financing, proof of funds, that kind of thing.

I spoke with more asset managers at banks regarding foreclosures, and sent more letters to peoples homes offering to buy them than I can ever remember.

I make over 100k a year, have a decent house, 2 cars and vacation whenever my bank allows me to.

I have around $15k in the bank but should be able to liquidate another $6-7k in a month or so.

The old “bank can’t foreclose” is typically BS.

Was it a portfolio loan that then refis into a conventional loan (I do know of a bank that allows this for 1 year interest only then refi into conventional loan) but not something you can directly delay finance in 9 weeks into a conventional loan.