Below is information on what Trump order does. 

I know one person that did this recently and was able to negotiate no money down and 12% over 5 years but this was probably in the mid west.

(Or more likely that balance plus every late fee, penalty, escrow shortages, and anything else the lender can declare owed.)

It may be beneficial to link up with an established wholesaler and pay them to mentor you or work for them and learn.

This seems unrealistically low for a 40 unit property.

“ cash flow returns” almost always compare horribly to a simple bank CD after you deduct for insurance, prop taxes< vacancy, capex, prop management (or your personal time.) etc etc etc. 

Please make sure you have all the correct disclosures and everyone knows what's going on so you do not get in trouble or anyone else.  

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

I can point you in any direction if you have specific questions or need more information on a topic its funny how note investing is Soup De Jour these days on BP.. 10 years ago no one even mentioned it..  

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.