Im starting too and feel very lost just because i dont have who to work with, im re searching studying and connecting dots lil by lil my self, but is not complicated, but a patient game, first secure a buyer list, make one, go out to meetings, groups and meet Realestate investors even online call them ask them of they requirements, they needs,  what they exactly looking for and then match them with the houses.

I have an RE agent license even though I don’t work actively as an agent, hence I know what overall prices are in the neighborhood.

@Kyle JenkinsGood first step into RE. 

Speaking to a local RE attorney would be helpful as well.That being said, I regularly meet people who want to get started as a wholesaler until they realize that finding deals can be a full-time job.Lastly, make sure you know your market!

If you take legal action it will most likley get you nowhere and cost you money. talk with a good RE attorney who is trustworthy and not just looking to get legal fees from you and they will tell you the same thing.

Hello Kevin-  Welcome to RE and BP. 

Let me know if I'm misinterpreting anything, but as I understand it, you'll need to do the following (assuming the worst-case scenario in terms of costs):Front $45,000 in cash for the rehab+ $10,000 for wiping out the lien in the second position, and also obtain a wraparound mortgage for $95,000 to absorb the lien in the first position. 

My bank will let me re set the debt at 80% of appraisal value.  

We are still in the process of resolving the issues by pulling permits and re-doing the work but its a lengthy process and will still be a couple more weeks until it is resolved.Finally, I get a lawsuit letter from the tenant’s attorney today claiming emotional distress, hardship, food costs, lodging, etc. to the tune of $30,000 even though they moved into a new home within a couple days of leaving my property.

The numbers won't even make sense to re-finance into a 30 yr note.