I have been on the opposing end of investors making offers with 5 day inspection periods and on day 4, they drop their top dollar full well knowing that they would do that from the beginning and just were stealing precious time and market exposure.

Throw away in different color bag then double bag to limit air exposure.

The terms you posted are pretty generous, so if he isn't even entertaining the offer I can't imagine what you could offer, with in reason, to have him give up his position.Even a phased buy out to give him exposure to appreciation wouldn't really make sense for him if his is goal is to build equity long .

A landlord or any other borrower is not where you should be getting a lending education, they know what they did but they don't know what all a lender does.Another issue with learning from potential borrowers, is that the borrower explains the deal to convince a private lender, they really won't get into explaining their risk exposure, that would be like talking the lender out of making the loan......ever hear a borrower tell an individual how long they may have to wait if the died, took bankruptcy or they can't finish the project because their tools got ripped off......or whatever the reason.Investors that teach folks how to lend money to them are probably most most dangerous out there, their intentions can be very good, their knowledge is not from a lender's side and they won't be hammering all the nails in.Learn from lenders, Jon has loaned money, HMLs and brokers that do a wide variety of lending are probably the best as their experience will be broader.

That will get you a lot of exposure.

now you have exposure to RE. 

There are other books out there, but I have personally read this one. 2) Understand that Wholesaling is really just an exit strategy amongst a number, so depending on the particulars of a deal (project) you may want to limit your risk exposure by selling your interest in the deal to another investor.

To limit your down payment, the seller can carry back a 2nd behind the hard money lender and the lender may allow a smaller down for you due to the seller limiting the hard money lenders exposure or LTV. 

Additionally, the feed to our press releases has been submitted to several engines for exposure.

This will save you from self employment tax exposure.