The reason is because due to the nature of real estate back in '08, there were no requirements needed to obtain any financing and it was essentially like the wild west.

Thanks @John Thedford while I appreciate your devotion to pointing out how wholesaling (in the trending structure) is illegal and everyone should get a real estate license, I'm not sure your reply addressed my point at all - in that agents/brokers (the licensed ones) are adding fees on top of fees, in a "daisy chain" sort of way, that essentially pushes the "wholesale" deals to near ARV, leaving no "meat on the bone" for those of us that actually do add value through improvements, etc.

Chapsticks and sunscreens are essentials there.

I call the lender and she tells me it's fine, we will resubmit the paperwork.  

Essentially figure out what kind of potential capitol I can get out of it.

And they also have an amazing automated system in place that helps Rehabbing/Flipping, Wholesaling, Reverse Wholesaling ( my fav)  and so much more..much easier including paperwork, contracts etc. 

I'd get as much paper work on them as I could.The fact that the bank is offering 100% financing is a red flag for me.

Pull all 3 credit reports for free thru annualcreditreport.com..Dispute any errors..I pull 1 report every quarter so, essentially I'm monitoring it for Free.  

awesome jobnow your thinkingyou can create your own terms and payments and and and-get with your paralegal to get all the paperwork set upget your cpa and figure out how you have to structure to complete the transaction and get er doneI forgot about that I have to write that one downenjoy

Those are essential for me to completely process all of the numbers.