Value is driven by the proforma not comps although you can get comps from talking to the commercial brokers in the market who transact on similar asset types.

How do you setup or use both contracts for the transaction ie. the contract for you and your seller then to move it over to you and your buyer?

Just in case it crossed your mind --- my first name, Nhia is pronounced as "Knee" "Yeah" altogether (I get asked often).  

Be a transaction engineer

My plan as of now is to pull a general purchase agreement from the internet and modify it for my type of transactions.

Don't know the terms of the offer or if an agent was engaged in the transaction, but this is a case where DIY fails due to insufficient understanding.The offer should have NOT been on a standard residential form, but used a Commercial Property FormThat form gives the opportunity to require the seller [x]  To deliver the property vacant.OR on the standard form, to add that contingency Without that, the BUYER is required (in Calif at least) to perform a NO Fault Eviction and that means relocation fees will be awarded to the tenant.I fear this was a DIY purchase and you're on the hook for the consequences.

At which point, after having the property under the contract with a seller but not having a buyer yet to assign it to, do I forward the paperwork-the contract to the title company?

Hello Community,I am an investor/wholesaler based out of Las Vegas,NV.I recently picked up a property under contract in New Mexico "sub to"My plan is to secure an Owner Financing transaction were I can put a family in the property.

@Harry Darmawan In most states a PM is a real estate licensee, although many may not have ever transacted a sale.  

As a way to expedite this process, I've been thinking about possibly partnering with some local investors on a rehab or two and splitting the profit.I'd like to get the take of some of you out there who have had experience in these type of transactions.