I simply had a down payment of 25% of the totality of the loan (home price + renos).

How much would it cost and can I include it in the monthly payments by the TB.what costs would i be looking at for a contract review by an attorney?

Is there a specific type of payment method to be used?

I can barely justify the payment the way I'm figuring it, and am hoping perhaps that isn't the way the math should be done. 

I didn't realize my first post would be labeled as an introduction...it really wasn't.I joined to learn.

$125k = seller financing option 1 (down payment?

Welcome to BiggerpocketsYouve come to the right place for help.there numerous threads and podcasts on getting started.Many start with savings for down payments

William Lees  also what type of  funding for down payment is  this ?

:)This house is in Birmingham, AL and I am trying to wholesale the propertyThis house is listed with a realtor on the MLS for $79kARV is about $75k and minimal updates / repairs are necessaryThere is $68k remaining on the loan balance, but the seller is behind a few months on the payments and might have to short sale it to the bank (does this even make sense, I'm not entirely clear how short sales work?)

Only keep the tenant if there is a proven payment history and it is at the rent you want.