Apart from that, everybody understand the situation and at the end of the day, they wanna make money just like everybody else.Hope it helps.Good Luck 

Also, me having little money, if I was interested in creative financing, how do I approach the buyer/agent gent? 

I was recently at a meeting where the speaker stated that many investors made their seed money in other ventures such as owning restaurants, a professional career such as CPA, etc.

However, he has started discussing that he is losing money every month on this rental.

Well @Stacy Davis I have never done wholesaling, so i might not be the guy to ask, but I might be the guy buying your deals, I did one Wholesale deal of a Multifamily hear in San Diego, and i didn't want to wholesale it, just a client came while i was in escrow, and i Just assigned the contract to the person, yes  you need the earnest money and thats about it. some larger wholesaling companies charge like retainer to make offers maybe thats a path you would like to take. feel free to send me PM and I see if I can help. 

Hi Everyone - I've been reading through this site to try an absorb as much advice, lessons, and financing information as possible, but haven't found any answers for my exact question.I'm interested in finding hard money lenders to finance larger down-payments on multi-family units (loans of 60K or less).

I've read some about buying the properties within both types using mortgages and how the income is treated differently due to some profits coming from your money and some coming from the banks. 

This seemed incredibly inefficient and not worth the time so I canned the idea of real estate investing all together - Fast forward to last week when I learned about creative financing to include wrap's, hard money, etc. 

I guess I just want to move quick but it probably will be good to utilize that and not leave money on the table.  

Call the hard money lenders in your area and ask for phone numbers of good wholesalers they work with and make loans to often.Also,you can attend local real estate investment club meetings and meet wholesalers directly.I wouldn't trust Craigslist to find someone to mow my lawn quite frankly.