Is there some sort of vetting process a regular joe can put these people/companies through to weed out the scammers?

if the land has really doubled in value, the lender would do better to take back the property sell himself...maybe that sounds like a hassle, but i know of a hardmoney lender who preys on borrowers and does better when they default...sell the whole property and it sounds like you made money...now, he may do some sort of a release, if you ask him and an attorney..just depends on how active he is in realestate, aware he is about the values and the opportunities, and how nice he is :)

I know they get some sort of commission but I figure they could also be a better deal?

Would you take the $195k as hard money (13%-15%) interest, arrange some sort of profit share on the back end when the house is sold or any other creative ways?

Plus the seller IS motivated.

I would like to thank everyone that contributes to BiggerPockets, alot of the information is very valuable to me, who is just starting out in wholesaling.Because I am just starting out in wholesaling, I don't want to waste my time and I want to start this right by asking the professionals on this website.Finding motivated sellers will not be the issue, but finding good quality properties that buyers are actually looking for will be my priority.

There are all sorts of the threads here on BP about Subject To.

Additionally, you can go speak to a lawyer who might oversee your foreclosure proceeding and they will ensure the required disclosures have been met and the paperwork is in order.It is possible to affect your capacity to foreclose by accepting the funds if there is no language and the borrower can show that a patter was established and then you sort of changed your mind and wanted to foreclose.

The hardest part is keeping the owner motivated.

-How can I find motivated buyers when I don't even own the property yet?