Whether the partner wants a split of the monthly cash flow or is interested in plowing it all back into another deal with you is something else to sort out.Finding a partner or private lender can involve a lot of negotiation and the terms are only limited by the imagination of the parties involved.

If I have a small amount of money to invest in a deal that I am syndicating with other parties, can I take a hard money loan to up my skin in the deal and pay the loan right back with my acquisition fee that I take for operating the deal?

They wrote a book, which the informative part is kind of short, but the back of the book (like 75% of the pages) is them working through a ton of their own deals, pros/cons, what they should have done differently, how much they paid and what they sold for (if they sold). 

So a couple weeks go by and I ask if I can get a lease since both parties agreed on a price and in the process of going through with all the paper work.I then find out that the tenant isn't paying rent and there is no lease since the owner of the property died back in 2014.

You do not have an executed contract unless you have signatures from all parties that appear on title as Owner of Record.

There are some situations where hiding the fee's through a double closing may be appropriate but if you are wholesaling "correctly" then all parties should be very aware of what you are doing and understand that their original contract is assignable. 

@Jacob White  well look at it this way.. if you troll around BP you will see post after postlike thisHey I am brand new I have never done a deal so I am going to start out wholesaling.this leads folks with their only education reading posts on BP which some are good some are bunk.and they simply don't know what they are doing... and they foul up sellers... big time. they deceive sellers big time... and then complaints are filed.. and the state takes actionvirtually every state has the same laws on the books some enforce it others don'tIf there was no need for a license in real estate to bring two parties together and then make a feethen there would be no need for a real estate industry at all....

Podio is a great tool for your data management and the integration possibilities to other 3rd party apps is nearly endless; Globiflow, Zapier, Gravity forms, Webmerge, Signnow etc

Acquiring distressed properties can be complex, but we have found if you do the right thing, and if done right, benefit both parties, always make sure everything is done correctly to avoid what can be termed as an Mortgage Scam

I was wondering how people would come up with that number, I am assuming there is some sort of formula for this, I know that a part of it also has to do with knowing your area, which just takes time and effort, I understand that part.