I would buy with cash and refi in a year for 75% of appraised value from a local bank assuming you cashflow correctly.

Its one thing to solve problems - it works for al parties involved - its another to hustle someone under the disguise of false help.In a way - its just a matter of working things correctly.

I have a property under contract, and another wholesaler came to me and let me know that they have a buyer for the property and want me to sign an option contract.So basically I am double assigning the contract correct?

The balance is around 1.9 million. and the loan is assumable To my understanding a TRUE subject two does not require ME to put any money down, but actually he could pay me or simply walk away from the loan correct.

What steps should I be taking to make sure I have all of the legal and clerical things done correctly in order to make the deal happen.

Thank you Jen,So you are saying to not add in a "first right of refusal clause", instead I should just release it, correct?

If I understand you both correctly, it sounds like the best for me now is to rent it for at least a year or so, then possibly sell the third year.

I hope you're correct on the electric change.

Now that is $1200 for each unit on the first deal and $1150 for each unit on the second deal is that correct?

I believe your statement stems from your personal bias in that you mke money setting these up for clients, correct?