@Nicole Sorensen Hull I suspect the actual intent was to hide the taxable gain, by artificially increasing the sales price via an "insider loan" or cash payment which is funneled back to the seller.  

I met another person later on that connected me to agency (cold-calling) sales and I found out that I was amazing at it along with business intelligence - I did pretty well, but high-commission / low salary isn't a gig that is sustainable in the military recruiting field.

@Brian Sorensen  your post is almost un intelligible but I will try to decipher.1. you have a seller who is willing to sell it to you on contract ?

If you are looking for an intelligent, hard working, and determined wholesaler you don't have to look any further.

You don't have to be even average intelligence to pass a real estate licensing exam.

Learn as much as you can about DIY through you tube. even if you hire contractors, you need to know what is going on to talk intelligently about the situation and make sure you aren't getting ripped off.

Every investment you buy should come with an adequate "margin of safety" that takes into consideration:* Potential upside (how much you can make)* Amount of effort needed* Risk (usually measured in 'how much you are paying')The higher the risk and effort, the more 'margin of safety' you'd like built into the deal.RULE OF INTELLIGENT INVESTING1.

It is all about suiting up and playing the game each day till your hard work and intelligent choices brings the money for your cup of Starbucks.

This person should be creative and intelligent.

And are you a deferred maintenance type landlord ie deferring mess and spend my artificial cash flow now?