I am open to getting professional help so pleaserecommend any, if possibleHi Jodi..most lenders will require a six month seasoning however it’s possible to use the purchase price and do an immediate cash out refi or first position HELOC.

The cheapest is cash.

My client is purchasing the property with cash.

We are going to have a property manager and projected cash flow is good.   

Purchase price: $600,000 Cash invested: $150,000 Sale price: $1,100,000 Fix & Flip

In most common methods of wholesaling you are NOT a principal, you are an intermediary.I like them all, but 7 is one that needs reminding because all of the fakers out there go bursting in with their "I will buy your house for cash" without a cent to their name.

So imo this is a market to buy for equity and not cash flow.

Likely closer to $34,000 per year in annual cash flow.

Part of me wants to cash out and purchase in another state which has more appreciation potential as I believe my local market has peaked. 

It is just easier to cash out of the deal and get everyone's name off the mortgages.As far as contracts, use the TREC contract.