Nothing wrong with the concept but not strictly the business portion of what we are into.I would never invest in SFHs due to the higher risk, higher maintenance, and lower monthly return but I have always held true to the concept of "income investing" and I have done very well by it.

If not - we will go into second stage negotiations to get a better price.Once we agree that the price is right - that is low enough to make an equity profit - we will than use my pro-active auction marketing system (one that I have used for over 20 years) to sell the property  - all cash in as is condition with NO contingencies with settlement in 30 days.We will advertise the property for sale for 3 weeks and than have a public auction - so as an example if we control the property for $100,000 and sell it for $120,000 - that means we make $20,000.How much do you make if we are successful in finding an assignee? 

First time post, so please excuse any lack in information or wrong lingo, but I'm going to give everything we (my partner and I) know so far about this property we are in talks to wholesale.

We went to Tampa until the whole thing was over with, but we are back now and thank god it did not hit here.   

We are both in New Hampshire. 

We are going to close this week and I checked with my partner, she didn't get any trust deed or note from them.

And a good way to get in on the market in this area is to go to any networking events for real investors that you can fine.

I can be able to fund you before then but before we proceed further i need you to understand that there is a $650 fee attach to the loan and that this fee will be paid upfront and cannot be added or deducted from the loan amount....If you fee uncomfortable because of this fee then i cannot be able to continue....Let me know if we are to proceed or not"

For the short term we are looking to flip a house(s). 

This is why we are almost exclusively a B/B+ turnkey operator, it is very difficult to find the kind of deals in A areas that leave enough margin for instant equity to compensate for the reduced cash flow (due to high loan payments, high property taxes, etc).