Hey question if anyone has done this and knows the proper way to do it.Lets say you wholesale a deal to aninvestor who will be using some sort of traditional financing.  

welcome to the BP nation, this is a great platform to network with likeminded individuals such as yourself, take the time to advantage of all that it has to offer, educate, locate, due diligence, and launch, keep posting but most of all keep sharing

It is a rental for the last year plus but the problem is I cannot do traditional HELOC due to no proof of income.  

This's not a traditional mortgage broker, but you should talk to one of those too.  

If you are talking to sellers, a majority of them that want to sell need to sell the traditional way via an agent/mls.  

Just figured I'd chime in on that because I bought one last year after using a traditional roof rake for the past 12 years on my own home.

Hi @Dave Bopp,I obviously have not seen your finances so this is in part speculation, but if the lender you spoke with did not include rental income from the hypothetical property you are looking to purchase in the math (most wont), then it's entirely possible that a traditional mortgage is still an option.

@Michael BoyerIf you wanted a Roth, you could convert your Traditional IRA funds into Roth.

I'm having difficulty securing traditional bank financing due to large student debt and being a 1099 employee, so I'm just trying to brainstorm.

If your lender is citing Fannie information, that is a traditional loan to your personal name.