If your partner lender is expected to do play a different role, that may warrent paying something extra.

My response was thanks for the feedback but the owner (I always play the role of PM) has added granite countertops, new cabinets, new flooring, new baseboards, new HVAC, new roof, new crown molding and resurfaced the pool all within the last few years and that it was rented for $100 more BEFORE the upgrades.

I now have both completed forms in my possession and am wondering if I missed a few steps, & what I have to do next.(1) I sent copies of both docs to my attorney who had said to me: "Send me copies of everything you have and I will make sure to secure your position on the seller's side of the HUD at closing".(2) During a preliminary Title Search, a couple of liens showed up on the Title- even though the seller says they "should've been taken care of during her Ch 13 Bankruptcy".So, here are my questions:(a) What role am I expected to take moving forward?

Newbie here still trying to make sense of wholesaling's role in society.

It took us a couple hours and was a great exercise.

Before you can really make a call about this deal you need to figure out the value of the property.What's your role in this deal and what would you do with the property?

When I notified the seller of my intent to exercise my option last month they refused to sign and I had to sue the Seller for specific performance.

A sale contract allowing a buyer to exercise the right to purchase or avoid the obligation is not an option You can have contingencies in a sale contract.If it's not an option there can't be an option price!

This is also a valuable exercise for those that say "no" as you may be able to overcome those objectives as you are negotiating the deal.  

Bryan, best advice I can give you is to read to docs very carefully and therein you'll find how nervous they really are (LOL) ....okay,Lending and borrowing under open lines of credit is really an exercise in phycology almost as much in finance and banking.I assume were talking 1M+ as you didn't indicate the stress level.