In addition, we also can do “self showings” where the interested party gets a one time showing code.

They're lucky one of us doesn't live there, I can just imagine fun things to do to screw with them.Actually, have a big party and invite BP regulars, I can see it now..... :-)

To the seller, it implies there is no chance a lender will pull out at the last minute and jeopardize the deal.Realistically, most wholesale deals are negotiated well in advance, so all parties know where the money is coming from. 

A decent spread and 3 happy parties Lessons learned?

It's a win-win for both parties depending on the price. 

If it is that simple, do we receive cash from the the mortgage holder/bank and then just pay off the first two parties via cash?

I work for a third party auction company in Texas and though a month or two may not seem like it isn't enough time, it actually is if you have your buyer list available. 

A real estate attorney can assist with drafting a partnership agreement that outlines the rights and responsibilities of each party and addresses any potential contingencies.

FCI covers almost every state, are not overly expensive, but they are a big company and sometimes the different parties don't communicate well with each other.I have also used Allied and August servicing with good results.

Sell the entirety to yourself (through an unrelated party) and do a 1031 on that sale.