Owner financing question

[Allan Turcios]

Hi everyone!

Currently working with a friend of mine to purchase her property. She owns the title free and clear so thinking about doing owner financing. What would be the best way to structure this in regards to setting up paperwork and the right documents since a realtor and bank will not be involved? Also, would I be able to get an appraisal and pull a loan out on this property in the future, then use that to pay off the owner? Any clarity and experiences of owner financing would be greatly appreciated! Thank you!

Kind regards,

Allan