Without going into the fraud and embezzlement by the judgment debtor, I will just go into the specifics of this unique collections situation.10 years ago, this husband and wife were investigated by the state attorney generals of AZ and NV for fraud.

@Alex JonesTo repay my mom for the sacrifices she made for me and allow her to and experience everything during her retirement.

Now you have 3 parties to monitor plus a unique contract with a wholesaler that may or may not be selling a legit deal and most likely wanting a non-refundable deposit and  to close all cash within days. 

A lot goes into it that you cannot learn from a book as each situation is unique

It definitely gets tough though with unique properties when there's nothing within .5-1 miles.Best of luck to you on the next one!

@Connie Steele - If you're signing a personal guarantee (recourse loan) then the bank wants to continually verify your ability to repay the loan. 

How would repayment work?

One property isn't going to bring financial freedom, unless there's very unique circumstances.  

Detroit is a unique market its block by block and lenders that specialize in our market knows that.

Basically, I am put on an income-driven repayment plan and I make payments for 10 years that add up to less than my total owed.