Instead of considering it a loan you can structure it as a joint venture or partnership.A 2/1 in central Arkansas that has an ARV of 120k? 

What you need to do is take the time to create the details of a deal that buys the building in a partnership or joint venture with you.

I am sure the qualifications for one to borrow in Canada are somewhat stiffer than our predilection to allow almost anyone to own a home  with all sorts of government mandates to achieve this.. and of course those back fired and darn near brought the world to its knee's  LOL.

We're interested in networking with anyone who has advice for us, wholesalers, private lenders, and people who want to joint venture.

@Steven FileCreative Financing involvesAcquiring properties sub2, lease option, wrap, land contract, installment sale on free and clear propertiesGetting Private Lenders - learning about self directed IRAs, paying all cashGetting Joint Venture Partners from business owners, paying all cashCreating Joint Venture Partners with home sellers that are not wholesaling candidates - minor repairs - Give a note to home sellers, fix with private money, resell, pay off note in 4 monthsWholesaling to All Cash BuyersNone of these strategies requires personal credit or banks or personal guarantees.See http://www.biggerpockets.com/blogs/3-reiskills-and...Don't be a One Trick Pony, Be a Transaction Engineer :)

He owes 35+15 HELOCThat's 50Put 20 in on rehab thats 70ARV is 7565% of a ARV is the wholesaling model less costsThis is not a wholesaling deal.I wouldn't touch this even doing a joint venture with the seller where I use my money to fix it, sell the property, and take a JV fee of 10,000It costs 10 percent or 7 k to sell at least@jscott

Jonathan, I'm not sure this fits exactly what you are asking but I thought this might be helpful.Raising Money in an LLC or Joint Partnership-Securities LawFull disclosure--I'm a client of Mat's law firm but this article is on a public blog and meant for general consumption and is not specific to clients of their firm.There's a podcast that I've listened to on this subject (not BP Podcast), if I can find it I'll post it here too.  

I was brought to my knees by the prices of SFRs in gentrifying neighborhoods like Highland Park and Leimert Park.

We usually meet the third Tuesday of the month but with the holidays we are doing a joint Nov/Dec one (I have not booked it yet) and we meet off the Blue Line at Harlem@Christopher Leon also does a group in the burbs that I have heard good things about

That night out had the original 5 telling everyone they met about the deal they lost out on instead of them saying I was knee deep in a pile of manure and probably was going to lose my shirt any day now and how smart they were to bail out.