You learn the basic framework and then jump in. 

I'm sending the settlement statement, and if needed I'll do the title search report thanks.

In addition, you can make interest on the equity and have a bigger return than taking a lump sum payment at settlement.

So I just closed on a sale and received the settlement check and was more than expected.

Learn these formula first.Your mentor should explain the many methods of negotiating - second stage negotiation - hybrid offers - controlling clauses - delayed settlement with right of possession and subject to the existing financing - built-in extensions - and assignments.Power Prospecting - where to find the real estate that will produce profits - how to make offers before looking at the property - working tax sales, foreclosures, expired listings, FSBO's, advertising - radio - internet - TV - agents -fiduciary buyer brokers.To mention just a few of the things you prospective mentor should be doing for you.Good luck - Charles

This can be done through Podcasts, Books, and Mentors you find by networking.I'd pick up a copy of Set for Life by Scott Trench as it has a good framework for financial independence, especially for a newer investor.

Then you don't have to rely on (probably) inaccurate information and you'll have fewer surprises when you get that first settlement statement.

While I don't have many years of experience post my purchases, I do think his framework is solid. 

You’d have to follow the securities framework.  

They just have to make sure it is listed correctly on the settlement statement as what is really is, an assignment fee.