Once you've exhausted all the articles and posts then we can help you more since your questions will become more specific.

Josh, I like the idea, however will probably wait until I've exhausted others ways of contacting them.

Perhaps the other wholesaler has exhausted all their resources and couldn't find a buyer and now is reaching.As a side note, I am not sure what your state laws are, but it could be illegal to market another wholesalers deal, unless your a real estate agent, or at least have legal interest in the property by having the house under contract in your name.

By having under contract and getting tenants you done your job as an investor.I honestly would have a partner maybe handle it that is maybe more firm or could handle it differently if you fill hurt by it personally.Also if possible you could attempt to extend his contract and if it is in foreclosure by then raise the monthly amount or attempt a big down payment.I would not cancel the contract just yet until you have exhausted all those options.Hopefully this helps if not, I can tell you are a great person with a great heart.Good luck to you.

Sorry, I'm suffering from buyer's exhaustion.

There will be an underlying liability limit on each building that will have to be exhausted before the umbrella kicks in.

 :)I've got 2 of that type project going on right now and I'd just say... it's exhausting.  

Without trying to be exhaustive on all the details, here are the basics:If you paid cash (including borrowed cash from HELOCs on other properties, lines of credit.)You can "cash-out" up to 75% LTV (70% LTV for 2-4 unit properties) immediately.

Most banks do not participate in the purchase and rehab portion so private or hard money is usually the next best choice after all family options have been exhausted.

Going through a bank two times can be exhausting and who knows, maybe your next acquisition may not be bankable at first.