The seller has 45 days after Closing on the sold property to identify the replacement property.  

The property will be sold upon completion.Rate:  12.05%Term:  13 months interest onlyARV:  $648,000Loan Amount:  $433,000Processing Fees:  $15,361.64 (3 pts plus processing fees)Escrow Charges:  $3,130.90Insurance/taxes:  $1,722.82Construction Holdback:  $498,361Cash to Close:  $84,762.36 In the OP, you said that the loan amount was $346k.

If there are changes you want to make then send your tenants official notice of those changes via in person delivery or certified and regular mail along with a copy of the new lease.

We sold a house with a low rate that would have cash-flowed really well because I saw the future deferred maintenance.

Hi Paul,The main risk with buying a wholesale property is that they're usually sold as-is with no contingencies.

Any other major syndication site has restricted sold data so it will be incomplete.

Last time we sold ours because I didn't think we would build again. 

curious how do they structure a note purchase that is not all cash. did they already own the note and just sold the note to you or something ?  

The seller can often sell a property that can not otherwise be sold, financed, or sold for enough to pay off existing mortgage or obtain a higher price by selling Sub To, or Sub To wrap/owner finance.  

After I cut he and his now wife loose I sold the property for more money 30 days later after we they made fake jim.bakker promises for 45 days.