David Stone , a traditional bank will look at your debt to income, credit score, and they will not consider the rent from the duplexes as income usually until you've been a landlord for two years, they will also want 20% down, plus closing costs, plus slightly higher investor interest rate, plus probably want you to prove you have 6 months of cash reserves or equivalent marketable securities.

There are countless ways to structure the deal but make sure you have a formal contract written up with an attorney bc I AM NOT A LAWYER NOR GIVE LEGAL ADVICE.

Are you in need of a boost to help give you additional means to pay your car bill, education loans, credit card debt, etc.?

I also look at straight ROI - as this includes debt servicing whereas the Cap Rate does not.  

I have no problem finding properties and getting in contact with owners of homes but am seeking guidance on where to find a good (legal) Florida contract for wholesaling and assignments.

Since I'm legally not supposed to ask about marital status, I'm not sure.

So remember, for legal and tax planning, a good CPA will recommend that clients hold their properties in an LLC or Limited Partnership and run their businesses as S Corporations to avoid self-employment taxes.

Retire with no worries, no debt, and the ability to travel anywhere we have to to be around family.

It is another term for the Cash on Cash ROI on an all cash deal.The $12,000 NOI is not the return, it is the cash flow produced by the asset before debt service.

I explained we had a signed, legal contract.