Have been using United Abstract and Title in Jacksonville, Arkansas for my closings, and they provided me with the contract that I used to close this off market deal.

@Cesar Gomez that is a big chunk of money in Arkansas.

Where are the folks wholesaling in the Little Rock area? 

Purchase price: $65,000 Cash invested: $40,000 14703 Pleasant Oaks Cove, Mabelvale, AR is a single family home that contains 1,608 sq ft and was built in 1988.

@Dan Goeckel hey Dan, own a handful of facilities in Midwest, primarily AR and MO.

And another issue, these will be commercial loans, with similar debt coverage ratios required and showing the ability to manage/service, so that will be a hill to climb for most small investors.Accounts receivable financing is another issue and a specialized arena, some banks do and there are financing companies that deal exclusively in A/R, leases and other annuity or cash flows, such as mineral rights and royalties.Any time there is a stream of cash from any credit worthy source, there will be a present value and a market for investing in or based on that stream.

Page Huyette, might have missed my question/post above, the name may help others in the area, I think we have a few in your state.Mortgage servicing of seller finaced transactions, per se, was pretty much terminated in Oh, Nb, Mo, Il, Ar, Ok, Ks, Tx and La about the late 80s, banks aren't collection agencies and FDIC saw an exposure for very little income, so just for FYI to others, don't expect a bank to provide servicing functions, it's not thier loan.

I'm wanting to get into wholesaling and eventually flipping houses. I'd love to talk with someone who already has some experience in the area.

With all that said if your only goals are to 1.) generate $1,000 monthly cash flow 2.) by using less than $80k and 3.) find a r/e focus that you like and can continue investing with I can tell you I am helping folks in southern Ca do this right now.The real question is will you LIKE this "niche" of investing even if you make your $1000/mo cf.

I would think a kid growing up in New York would be less likely to go hunting than a kid growing up in Blue Eye, Arkansas.