Quote from @Matthew McCarty: Quote from @James Hamling: @Aileen Ouyang I understand where coming from. 

I understand the one time event thing but I foresee potential issues with each applicant because of what's happened to them in the past year. 

I see that kind of structure (maybe different splits or thresholds) with first time LPs - it's generally simpler and easier to understand.

But more importantly ask for their rate sheet, if they can provide it, to understand, what the true interest rate is, the lenders spread, and the cost for that rate.More than likely if a broker is using the same wholesaler, it is because collectively, that lender is offering the most competitive rate.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

If you offer more $ for the property than the all cash offers AND you appear to the seller to be highly qualified in the method you are using for sourcing the payment, at some point your offer will be more appealing than the all cash offers.I don't understand why you would consider a 1031 for another property in two years. 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Be sure to understand the financing options out there for mobile home buyers and if you opt to carry the contracts on the homes you sell you should do some research on Dodd-Frank regulations. 

However, I understand where you are coming from… I don’t usually partner on anything because.. why not just do the deal myself?  

I'm a GC so I understand her predicament and realize maintaining relationships is critical.