Initially, I was planning for a quick sale and contacted my private money lender for a hard money loan.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

Phase 1 is an initial assessment, more focussed on document research while Phase 2 is where they actually take soil samples etc. 3.

We're reaching out to other professionals who have done some investing in Alabama or who are very familiar with the market, (i.e. which are the more favorable counties in which to invest?) 

the reality is BANKS left the fix and flip market after the GFC.. very few will do them unless your a premier client of theirs with a  long track record and they are doing them as a service to you. 

I want to understand how to structure the finance terms.if for example the house is on the market  for $200K1. how much do i ask for down payment2 going interest rate?

I have found very little deals thru an actual wholesalerRe read what @Thomas S. wrote If you don't take the time to educate yourself, create your own business plan,and know the metrics of buying selling rehabbing wholesaling,marketing ,etc you will just be throwing money away like the hundreds of newbies flocking into the business 

The reason I picked this one over others is due to the following:1) Its syncs with Google/GMail & Calendar, and it has several "killer addons" for Gmail & Chrome, which is where I have all of my current contact info. 2) It only costs $15 per month, but, I believe that they have recently increased their initial price to $25.3) It's one of the only CRMs that is heavily centered around social media.

I'm now in the market for an income property or two!

I like SFHs because in some of my markets they have a huge potential for upside and appreciation.