There are very extreme situations you'd encounter in order to do a double close such as original seller doesn't want a third party ( this can be mitigated with some negotiation), you don't want the original seller and end buyer to know how much you're making, and you want to loose a lot of money.

I doubt you have any type of license, but if you did you should loose it for sure.

For example, in NJ, a seller can accept a better offer while you’re in attorney review, since the buyer and seller are not legally bound to each other until attorney review is concluded.

Just be careful if she has loose pets running around.

The only way I think home prices will really come down is if there's a big crash on which many people loose their jobs and run out of the funds that they have saved. 

I guess it was getting loose for a while and of course I was never told.

I would, assume, I would be helping their situation by putting some money in their pockets and they avoid the hassle of loosing another property.Thoughts?

I am still loosely considering places like that in PA but I am thinking those towns are probably more expensive or too small of towns like Erwinna or Lumberville.

Either way, any venture/partnership would be bound by a written agreement, similar to my other investments. 

I've heard horror stories about Fannie Mae re-trading on terms and we don't want to be forced into a long term debt product with unacceptable terms or loose hard money and loose a good deal.