@Anthony Bright If you are trying to sell lender won’t lend on short term basis although you have other option open to take out loan.

I may try short-term seller finance strategy.

I don't have the capital to lend him, and I know most private money and hard money lenders are in it for the higher margins on short term loans. 

They all can get caught up in the greed and lavish lifestyle, albeit for a relatively short amount of time.

Most of the homes selling for bargain prices now are in the Adamsville/Bolton Rd areas or way down in 30315 near Dekalb county...the two most outermost corners of the city and of course, those homes are in terrible shape quality wise.Not much of a super statistical analysis, but using the eye test, inventory is way down and the homes available are not really attractive (with or without renovations).

That's a big reason why bigger down payments are more attractive to sellers.

I am looking at homes to BRRRR so the money will be short enough to get a refinance which I would not have problems qualifying for.

Only buy in areas you feel comfortable with and the type of clientele it attracts.

I get it, I've used it on Short Sales where if they come back 9 months later with approval and I've bought a house, then I use inspection to get out of it.

That last criteria is the one that falls short in the analysis on the deal the wholesaler is presenting.