I know making more money doesn’t make me right.

Your name and credit would stay with the existing note, which you would keep paying on - ideally yourself with money you receive from the "buyer", because if they don't pay your credit is wrecked and your house is in foreclosure.If you search on here you'll see everyone and their brother looking to do Subto and it's a nightmare unless the buyer has the funds to pay the note off if/when the original lender figures out you don't occupy the property any more and are attempting to do what you want to do, since most loans are going to specify that performance.  

Consider financing options like hard money loans, or FHA loans for house hacking, and focus on areas with strong rental demand near the MA/NH border.

I'd need to finance with hard money.

Keep wasting your time then and looking at MLS deals ;) You can make more money and actually get deals going direct to the seller instead of this.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I am blowing a lot of money from W2 income between me and my spouse on taxes!

You don't need a lot of money to wholesale.

You would actually be borrowing less money than originally but at a higher rate.   

So $460K-$350K = $110K, it is almost the same as the money I put into this propety. ($42K+$75.6K)=$117K.