Quote from @Crystal Lo: Hi @Eric Fernwood,Can you repost your images (i.e. table)?

L-O-V-E this one... can't wait to try it out."

My cost are 1500 in closing fees and minor repairs along and 153 monthly payment on a 550 monthly gain. the goal on this deal is a L/O which should produce about 50k in earnings.Its podcast 58 at www.buysellfixflip.com

In theory I am approaching this as a wholesaler, because unless I find a situation that comes with financing in place (L/O, sub2, etc) I simply don't have the paperwork to impress a bank.  

I used to do a lot of sub2's and sell them on L/O's. 

Sandwich L/O is where you lease option it from the seller and lease option it out to another buyer for more.A wrap is actually owning it (can be sub2) and giving a mortgage to someone without paying off the mortgage you have. 

Not interested in L/O or tenant buyers at this time.Both of my RE attorneys are all about contract law, but don't really know anything about the workings of sub2 on a straight residential sale.

Pedro, then start reading the applicable forum threads, Sub-2, L/O, seller financing and ask questions.

you dont have to go commercial, go to a local met up, meet some LO's.

I have also traded millions of dollars in mobile home notes and have done a bunch of business with dealers in Texas doing installment sales contracts vs. rent to own or L/O.