Has owner financing been replaced by lease options, to be legal?

[Ralph E.]

I was speaking with a person who helps people create business entities the right way a couple months ago. I told him that I would like to be able to buy homes to sell with owner financing. He told me that there is no more owner financing, only lease options. Then it made me wonder how Mitch Stephen can do owner financing if one cannot sell a house with owner financing anymore.

Was this person wrong?