You said you're trying to buy the house from someone who is in foreclosure (not yet foreclosed on).  

And what are you looking to buy, SF, 2-4 MF, or 5+ MF?

I haven't thought as far ahead as looking at potential areas to buy property.

I can't buy gas with a percentage.

I am looking for a RE financor/investor to lend me the amounted fix money we agree to buy the property for, and in exchange I will pay the investor a 6.3% interest by distributing monthly passive income to them in a duration of 15 years.Using the deal that I currently am seeking for now, This Fourplex is listed for $459,900. i plan to negiociate down to AT MOST $409,900 (50K less than asking price).

I’ve had several deals like this on the buy side and sell side where the “gremlins” came out and started whispering against my intuitions.  

I assume you are asking about buying the property itself.

Nobody forced you to buy a property as a investor you are entitled to do your own research and due diligence.

I'd save yourself from the headaches and just buy it with a DSCR loan.

If you can solve their problem, you can usually buy the house.When you are a new wholesaler, the best thing you can do is to get some reps calling and looking for another wholesaler in the area, before you put your own money down on it.