This specific lead came from word of mouth actually. 

@ROLAND BARBEITO Without knowing the specifics of your deal, have you tried inquiring about owner-financing i.e. where the seller carries the note for you?

If you are an investor with more than 4 properties or 8 units, then I would recommend a carrier with a specific REO program. 

They present their social media followers with a series of curated options for a specific area of each house, and their channels vote to decide on a lot of the finishes of the home - paint colors, carpets, door knobs, light/lamps, kitchen layout, etc, etc.The social media houses aren't especially lucrative, as they only do about 2 per year.

@Cody Evans there's no minimum wholesale fee, it's all about how much margin there is in the deal. 

Many great tenants would not even consider signing a 2-year lease, so you may be missing out of some of the market.From our rental criteria:FINANCIAL/CREDIT HISTORY1.No outstanding debt to previous rental property owners.2.No outstanding debt to utility companies.3.No outstanding debt in excess of $1000 that is not in a payment plan.4.No excessive monthly financial obligations - more than 20% of income.5.Lack of credit history or marginal credit history may result in additional security deposit. 6.Derogatory credit (past due accounts, collections, charge off accounts, tax liens, judgements in excess of $1000 and/or bankruptcy) may result in additional security deposit or denial.

The typical BRRRR strategy, but such a great way to leverage your limited financial resources.You asked specifically about financing. 

I've called 20 banks in NJ and none of them will set up the account for me.Are there any New Jersey Brokers out there who have a particular branch, or better yet, a specific banker they work with who has set up an Broker escrow or trust account for them.Am I missing something here? 

If you have specific questions about the process or docs the title rep or attorney can help.

With the cost of the house, rehab and their own margin, there is rarely any equity left to pass on to the investor.