Line up 3 notaries who are comfortable with closing wholesale transactions.5.  

As often as not I close a wholesale  transaction before I resell it.

@Jason Reynolds The assignment fee is collected at the start for your role as a principal in the transaction.

In an all cash deal, cash on cash return before taxes will be equal to CAP.I utilize a CAP rate analysis for all of my transactions whether a SFD, duplex, 4-plex, or apartment building so that I can compare the investment as a whole on the same playing field.

I'm a CPA hoping to get into real estate investing soon, so I've done a lot of research and am pretty familiar with what goes on in real estate transactions.  

From the insurance side of things, I would explain that his role as the "bank" in this transaction would be to ensure that insurance is carried, which he can do by being listed as the lienholder, mortgagee, or additional interest (all the same thing) on the policy.

You have to know what you're doing, and not rely on a broker to tell you what a good deal is.Attorneys are good for late-transaction rights protection.

With the price points you are talking about, if you do not trust that your end buyer is going to follow through with the close, do a double close and use transactional funding. 

I'm well-versed in a many types of real estate transactions and am looking to join an established or new investor or investment team with an even keel and a spirit of camaraderie, as a working partner.

Hire one of them to help with the transaction (you don't have to do this but I would strongly recommend).3.