All I am saying is that I can see how someone might be nervous by partnering with a GC based on the investor getting paid after the GC has already been paid his management fee. 

ESPECIALLY since this is off market, it makes me nervous, because why wouldn't the owner list it?  

I'm new to investing have a local investor that mentors me , I'm going to be closing on my first deal and starting to feel nervous and wondering if this deal is a good deal Purchase price $153,0003 unitsUnit1- 1 bed /1 bath den living room $750Unit2 - same as unit 1

Its really starting to sink in and i cant sleep feeling a little nervous looking over the numbers over and over and over **** i hope i got it at a low enough price.

I must admit I'm scared & nervous.

First deal so I'm nervous something is amiss.

Its on a FAR BAR Contract provided by me.Also contract states in section IIPurchase Price: 160,000PaymentOther: Buyer to take over reminder of loan and payoff costs to close free and clear.Balance to close by cash, wire transfer or LOCAL DRAWN cashiers or official bank checks, subject to adjustments or prorations .......................

The seller wants 15% as a GFD and im a little nervous about that.

If that were the case, then I'd be somewhat comfortable as it just means they are nervous that if their home doesn't close for some wacky reason, they can't afford yours (although that would be covered under the loan approval language, I would think).They can't really say they waive all contingencies if they are asking for a huge contingency of selling their home first or their lender won't qualify them unless they sell, so just be cautious as what they are really doing is transferring their problem to you, as they want to know they've got a place they want if they sell, but still have their own house if they can't sell it for what they want, win-win for them, trouble for you.

I feel I'm ready to buy my first property, besides the nervousness I have about starting my own business, that's where I need help.