It will familiarize you with the basic terminology and benefits.

those I think the basic of my questions.Thank you for responding and helping to understand more. 

If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental.

i have seen many do very well getting on a team.Myself personally I would concentrate on listings 1000%  Buyers only if well knownand wont waste your time. 

I had a similar idea (having one of the mortgage brokers I know underwrite any prospective buyers.

So basically, get an attorney to put my contracts together as the first step, reviewing them with a title agency as the second step, putting the other team members together as the third step, and starting the search for borrowers as the fourth?

Like I said I have the buyer ready to buy. 

Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.

A property will be marketed and may look great, when I visit the property, I can then share The Rest of the Story with the buyer.

The new buyer puts down 10% as the option fee, ($50,000 fee to our buyer) in this case, and we make the rate 10% to the new buyer for the monthly payment.