First Wholesale deal

[Corin Jackson]

First Deal?: So my husband and I may put a home under contract but the AP is $157,500 and the seller may take our offer for $155,00. He is not willing to budge very much but im pretty sure we can sell it for $160,00 since its general in our area. (not a big profit but its certianly a start) The seller is asking if we have a loan but we want to share the house with our list of cash buyers. Would I tell him we are buying it in cash and to give us 30 days? -We have our contract but I think he wants to use his. I'm definetly outting my novice-ness out there but...HELP. :)