structuring the deal

[Account Closed]

need help running the numbers! this is a short sale and there r renter in paying 2,000 a month.
seller say the loan officer give a adjustable mortgage rate, and cant make the payment.

Seller wants me to use her friend witch is a realtor because the realtor already has a relationship with the bank.
the realtor is not a listingagent nor a buyers agent he will just help me get the infor and help me submit the short sale package.

I was think of get an autherization form and dealing directly with the bank. but last time that happen it was apain in the neck so I was thinking this is good. so this is what he give me.

I plan on wholesaling this deal for 10,000.

single family residential:
2 story
6 bedroom
3 bath
sqft 3720

FMV 560,000

loan 80/20

1st Lien

Amount Due 09/01/2007 as of 08/30/2007 $4,163.00

After Sep 17, 2007 late Payment $4,352.23

Principal balance $434,173.86

2nd Lien
Payment Due Date: 12/18/07 New Balance $152,567.88

Minimum Payment Due: $7,008.70

Past Due Amount: $5,714.56