Now, here is where I need some help.The Title company is unsure of how to close the deal.I want to make sure that the seller will be able to foreclose if the underlying loan is not paid by the buyer.To do this, I was going to use a Special Warranty deed with a vendor's lien secured by a deed of trust.My questions:1.

You also need a lien release from him and any vendors/suppliers he had work on your property.

I have looked at the basics like quickbooks and etc but they don't seem to be set up for something like owners, tenants, and vendors.

@Nickey RamseyFind 3 local REIA clubs visit their web page call several club officials and vendors see if they know anyone looking.Paul

Normally the lessor/Vendor would not sell a transferrable option, but if the option is not restricted, you could purchase the option from this individual and exercise it yourself.If the option is not transferrable - which is what I would anticipate - it may be possible to have the property sold to both of you when the option is exercised.  

This is the best way to find other wholesalers and other vendors.  

Yes, I have a good vendor list.

Prior to the meeting call the president of the club and any vendors ask them how the meetings are.

Typically there are over 200 investors and vendors there.

If there is no charge.. then what the heck go for it.I know cogo closes some deals they have cashed out a few of my vendors deals.