A land contract has been signed in the county between me and my buyer documenting this transaction. 

Credit Rating/Bank Statements/Tax Returns: Specify your requirements, if important to you.Purchase Criterion: How do you define a good deal, which will be profitable for your borrower and safe for you?

A lot of wholesalers are in the business of short term transactional deals where they can make $10k here and then never speak to the buyer again.

My current situation is, in part, a result of playing it too safe and avoiding risk altogether.

What is the Wyoming connection to this transaction?

If there is an existing lender not agreeing in writing to accept payments from the LPO buyer, then you are in violation of the statute -- and it is a very toothy statute -- vs the seller/landlord side only thoughWe are getting ready to get one in place because the seller is demanding it and my client is the protected buyer.Yes -- you must vet your sub to buyers -- some should not be anywhere near a wrap transaction.Stay safe out thereAlan

Can someone please explain how transactions are being made?

Landlord friendly laws keep you safe(ish) from legal disputes with tenants and there are pockets in both markets that are appreciating at solid or better rates.

We specialize in joint venture transactions, collaborating with both seasoned and new investors.

Lived in Columbus for 13 years, 600+ transactions, development experience, new builds, 40+ rehabs, DM me if you want to know about the market. 8+ years on the forums advertising and building relationships with investors in almost every state.