really confused and i probably sound dumb but i’d appreciate some clarification.

Bandit signs, driving for dollars, mailing, cold calling or marketing for leads on internet or other media they all work and depends who you talk to you will get confusing answers. 

There are only purchase agreements ( purchase contracts, residential sale contracts, etc) and assignment of contract forms ( assignment agreement, assignment contract etc) Some new wholesalers get confused and think there is a special wholesaler contract out there and there is not.

Here is where it gets confusing.

There is a lot of confusion on what people "say" about real estate investing vs the reality.

To note, the tenant pays around $100/month under market value for a 1 bedroom in the area, and the listing also said $100 more than what she says she’s paying (listing says $800/month and she says she’s paying $700/month - owner died and sisters are taking over so there is some confusion here).

However, I'm confused if it's actually that these investors have all that cash saved up or are they using some type of loan?

Okay this is THE most important and slightly lengthy topic that confuses and baffles most, but fear not!

I am a little confused because you are saying that the property is fully rented and will be until September 2017 and yet you are looking for rehab funds?

@Harriet FoWelcome aboard Harriet, you definitely want to know the lingo so you won't be to confused by common terms that investors use.