It is easy to set up these payments electronically from your own escrow account if you don't have a lot of time.

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Or learning the fine art of creating caches.

A couple of these size finder fees and you will be able to operated as a principal, keeping a much larger percentage of the profits for yourself.Successful "finding" of good real estate buys is an art in itself.

Here is what I would do:First, you should agree to pay both mortgages, then create a note for $7K (preferably with some sort of collateral like other real estate, car, coin collection, art, etc..

To prepare for your closing, you may first have your buyer and seller sign the appropriate docs electronically.

Total invested about $950 in the tax certificates with an interest of 18%.Currently, i am waiting for the orange county, florida to sent me the electronic cert over to me.

Or having all my properties with electronic deadbolts.

I'm okay with DIY legal stuff and electronics, but would NEVER DIY even simple electricity or plumbing.  

MY mistake was I was book smart, bought right and had the right expectation in my returnHOWEVER, I never did learn the art of negotiation, handling contractors and subcontractor...