My idea would be to go into default on the loan, have my trusted 3rd party purchase the distressed note from the bank(not for a discount), and then refinance my mortgage through them with only my name on the deed so that I can sell.

We have enjoyed listening to the podcasts, and consequently developed a niche finding distressed sellers in Cleveland, Oh. 

The goal of the wholesaler is to get distressed properties for rehabber a to fix it and do their thing.

I assume you purchased distressed properties at a low price and that is what allows your generous cash flow. 

That is not a bad thing, but you will need to work harder to find something with a little meat on the bone.Another option is to work through a reputable wholesaler and find something "lightly distressed"....more of a cosmetic rehab. 

Hello Alexander, I would be interested in buying any sort of distressed home that needs rehab in Illinois. three one two 800 1817 

From the options I’ve seen, one allows you to hang your license to primarily use it for your own investment activities, another is a solid/more aggressive investor that teaches you how to work with distressed owners and turn that into a wholesale opportunity, listing etc., and I think the other one is more of a mix of those two.

How does one go about finding an agent that wants to work with a new investor looking for a distressed sfm or mfm and what avenues do you guys use to find deals?

I deal with weird situations all the time relating to distressed homeowners, assets, and mortgage servicers. 

A lot of it is what strategy you want to focus on, there are ways to find the distressed owners but you may be willing to wait for someone who will sell in 3 months.