Giving them the second cash offer takes this power away from them, makes them more confident in your abilities, and makes them feel still in control by having two options to choose from. 

We originally bought the home with the intent to handle much of the work ourselves over the course of two - three years which is within my scope of abilities.

Can somebody explain exactly what this means and how it would benefit or hinder my ability to invest in this property?

They will lend on the property's ability to repay the debt instead of your personal ability like traditional lenders.

@Ashtyn Stevens wholesaling requires the ability to find and negotiate good deals.

If you have the ability to put 100k down for a purchase, I agree with @Greg Scott on trying to find smaller single family houses with better numbers and spread the wealth a bit.

I would be providing all the necessary capital but would give my Partner a portion of the deal since he is bring me the ability to obtain my desired financing. 

We are in the process of starting a few more businesses, only one of which has focus on real-estate, and would like to make sure our structures are in place properly, allowing us in the future the ability to sell or add partners or investors.Any recommendations would be greatly appreciated!

I am self employed (I sell on eBay) and do not have the ability to get traditional financing yet so that is an obstacle I need to deal with.

Except insomuch as you're part of the electorate that produced the government that produced such a terrible, despicable law.There's a tragic new element to the California vs.