I am looking for a loan that is based on the cashflow of the asset with the asset as collateral instead of based on my own income.  

(Home Ownership/Landlord Experience = Collateral and RE experience) If you need an introduction to PM company is possible.

It's hard to borrow money from folks who don't know you because they have no collateral until I buy.

Do I:  (A) sit back and be happy to be the agent on the buy and sell deal and maybe a finders fee(B) put my wife, kids and house up as collateral for the private $$?

Here is how most work:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Sometimes that's a good resource (especially with collateralized lines tied to property you have).

Many commercial lenders will allow you to cross collateralize this property for down payment funds on another property.

They care about collateral first.

  $30K equity in a $60K house might be usable as collateral, but even then you're not going to get it all.OTOH, a $295K free and clear house would be a good source of cash.  

She said I could get as many properties as I wanted as long as I was making money and had collateral which I do.Its always better to go get it from the horses mouth…Every state or bank is different.