I have two more properties set to close (one at the table, waiting on buyer to sign) and another closing this Friday.

The seller isn't an investor.An experienced investor wouldn't be leaving $100K on the table and offer owner financing at the same time...that's just ludicrous.

This was getting too difficult getting to the negotiating table.

Always best to put the cards on the table and make known what's going on. :)

You are getting less of the profits because your aren't bringing any risks to the table (other than possibly a EMD or reputation).

Then if there are 3 points (on the ~$71.2K purchase + rehab parts) and some other closing costs you will probably need to have minimum $22.5K to bring to the table just to get your foot in the door.

I am working at being a bird dog as a way to learn and a way to bring something to the table as I learn.

When one guy brings up a complaint or demand, all the other guys just groan "why are you arguing numbers with Steve?"

Dion is right on the money: The info given is by the seller is screwy with the 8% thrown in there.I am going to assume that this was a $33,000 note 16% interest, 7 yrs (84 payments fully amortized) that the borrower has made 8 payments so far, The amortization table shows a remaining balance of $31,193.80.

You can do two things here, have the seller fill it out with you at the table, in which case you check 7b1 buyer has received the notice.