To me the deal is not a good investment from a cash flow stand point.

I finally found a great property,and I am planning on putting a full price offer in tomorrow.One in a Million chance,the foreclosed party has the same last name as mine, and it looks like they stuck it to the bank for around ~$190K , so Bank will be taking around ~$100K loss .Is the Bank going to look at my offer and last name, realize its the same last name as the foreclosed , and think I'm a relative, or brother of the foreclosed, and toss my offer right into the barrel ?

Conditionally Refundable Option Consideration Monies is the way to go, especially with the Attorney General in many States going after "Equity Skimmers" and the like.And, the exercise price can be tied to a formula, such as an either-or: [i]The purchase price shall be EITHER the average of 2 certified appraisals who must be a member in good standing of the American Society of Appraisers OR $xxx.xxxx, which ever is higher.

You should have full disclosure because...title companies require full disclosure on what every party in the transaction is getting (more and more of them are doing that right now and as a wholesaler myself, I have no issues with this as my buyers love the deals I am passing to them so they don't care how much money I make).

Its seems to be a new company i did a few development project with them in Hollywood about year ago.I met the owner at Chiller party in Hollywood hills.

Signed a lease with an interested party two weeks ago for a SFH of mine.

Sorry I just had to make a stupid halloween joke. black and orange supermarket party decorations and cake icing, etc...

I'm sure there are people out there that will lend me the money as a private note rec. and if this is the only option to get 100% financing how do I go about finding these people and is there more risk in using a private party loan?

Marital decisions like this require both parties to be in sync and committed to the plan for it to be a success.

Most 23 year olds are too busy partying to do something for their future.