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You have not given us enough information, but my guess is the problems are experience and/or cash flow. Read and understand the five "C's" of credit. Are your trying to do an SBA backed loan through the bank? What % are you putting down?

Good luck.

Since I have bought a few rental properties, let me tell you what's worked for us.

Sometimes it helps to be creative

1. in the way you approach the lender. First of all, are you going to a bank where both of you either have or could move a bunch of your personal accounts. Typically the banker can pressure the loan officer if he sees multiple sales on the horizon

2. Are you doing this on a secured or unsecured basis? Do you have a tenant with a good lease or not?

3. Have you considered a bridge loan initially secured by some personal assets?

How much are you trying to get? Could that be the problem?

The lender looking if your LLC is serious Corp or not. You must show them that. You must have for exemple a land line phone number. Registred in 411.com website. Many thing like this. If you lookup on http://www.dnb.com/us/ you can see if you are registred there. Your LLC must be compliant. It had a loat of thing befor some body give you money. Remember if you are the lender, you will give the money to a corp who had nothing serious or not a solid foundation.

That would be great. I would really appreciate that. I would like to invest in single family homes-- to start. I am in Orlando and there is an overwhelming amount of opportunity here right now. I can scoop up some amazing deals.

I am a little confused in regards to your post. Are there properties which you have already gone into contract with or at the very least some type of option or binder. No lender is going to give you a loan to go out and look for deals. The only possible product is something called a wharehouse line of credit or something similar called a blanket mortgage. However, in both cases you have to put some of your own money into the line. Also, they are only used for income producing properties. If there is a property that you have in mind, you may be able to get what is typically called a "hard money loan". However, these loans typically carry higher interest rates, higher points and lower LTV's than your typical bank loan. However, considering your limited credit history, you may have no choice. Remember, these type of loans are short term and then are typically refinanced. At that point, your credit history may be better and you will be able to apply at a standard bank. I hope this information helps.

From some of the posts that I read, it appears that your looking for $50K, I may be able to get you a line of credit since your credit score is so high. I would need to know your income. How old is the LLC. Go to my website www.msfcapitaladvisors.com and let's communicate through the website.