The rates will be lower and will allow you to maximize profits.

This can then be used as a negotiation chip in order to lower the price of the property.

I'm very new to MTR and investing in general, but I'd like to know if even close to being on the right track!

Has anyone saved money and closed with one of these new upstarts?

My question again stems around using seller financing to allow them to receive a consistent monthly pay of X amount and delay/lower their tax bill in the short term instead of going through a lender to borrow 800k+ causing my mortgage to be significant part of our income roughly 40-50% of take home -  which we are approved for LOL.

My question is: when wholesaling, after finding a great deal, do you need real proof of funds to the get the property under contact or is there a way to get it under contract, find a buyer and complete a double closing/assign the right to sell without actually having the cash for the property? 

You are generally going to either buy it at 95% of value or what is owed, which ever is lower. 

This could lower your resale value. 

@Laurens Van swol a few banks that we've worked with in the past allow you to close in your personal name.

Lower than that?