It's an incredible location in Shandon, walking distance to Devine, cash flowing with good rents in place to start.

If you're like most wholesalers, you put no money in and can just walk without any risk and not close.If you're a buyer that got shook down by a wholesaler and had to put in real non-refundable money - Ask for it back and good luck, they'll probably tell you to pound sand. 

Tight inventory is pushing prices higher, so when forbearance ends and they are forced to sell, they likely walk away with even more equity.

Worst case scenario I still walk away with my commission!

According to the calculator, the interest payment is just over $3K / month.Does this plan seem feasible where at the end of the project and refinance, I walk away with no money in the deal and cash flowing property?

By the way, if anybody is really interested in what this property looks like I have some videos of me walking the property.

You bought it with N dollars out of pocket and you walked away with N dollars.  

I'm a fan of the area (many big businesses and Amtrak and HIA are both practically walking distance away).

I'm a fan of the area (many big businesses and Amtrak and HIA are both practically walking distance away).

The tenant would have received government stimulus so should have paid something during that time.I think $9000 is too much to walk away from and putting another couple thousand in their pocket is just something I would refuse to do personally.