Although to be fair its not like podcasts, products, books, gurus, etc out there paint a clear illustration of what REI failure looks like. 

THe think is how to get a loan from a US institution, as a non resident non US citizen, cant seem to find information of who gives it, how much percentage, and how tedious is the creditation process.Will be happy to be in contact with you.

The 2 mortgages are affecting his credit and he wants to unload the first house.In all my researching of wholesaling I've yet to find out how a tenant affects the transaction.

I've done this on rental properties and got the line of credit in a week.

Rents are fairly high in that area as well. 

I did just that and gave them a fair price of 18k for the 800 sq ft.

The financing issues now: Firstly I have decent credit: 708, 703, 685.

In regards to question #2, really depends on your credit, experience, income and liquidity.

The 2 mortgages are affecting his credit and he wants to unload the first house.In all my researching of wholesaling I've yet to find out how a tenant affects the transaction.

It's in fair shape, and I'm concerned that if I spend the money to rehab it, I may not get my money back out of it.I've also considered painting over everything a white or neutral color and painting the tub.