That new owner then makes the payments to the lender even though the loan stays in that previous owners name. 

I am also versed in Novations, and owner financing.

I'm a central CT based investor, flipper, and property management company owner. 

If this is for a residential 1-4 unit non owner occ / investment property I would compare a few different lenders.

we do have to remember and I know its 10 years ago and many on this site are post GFC investor and know no better.. but were do you think all these deals came from... back in 2010 to 2014  it was not from well performing assets it was from stressed and failed owners. 

Seller financing can be a fantastic way to get into a 4+ unit property, especially in a competitive market like Chicago.Have you started reaching out to owners directly or networking with agents who specialize in multifamily properties?

I was recently able to acquire a property that cash-flowed day one thanks to owner financing. 

Owner occ developments there is no value associated to the income approach so these props generally speaking will appreciate a lot more as the neighborhoods are much more desirable. builders the last thing they want to do is sell to investors if they are creating owner occupied communities.. rentals degrade the neighborhood and they will be sabotaging their own values to allow a bunch of investors to buy and rent out in their communities.So when you buy new builds keep in mind if its a build to rent community they will NOT appreciate like owner occupied neighborhoods.. might be best to find something already 3 to 5 years old where the stigma of renters dies down.. that would be best to protect your investment.

We create a new joint LLC for each investment, and each participant gets listed as an owner of the joint LLC. 

Hey Brody,If you plan to purchase a duplex, I'd consider buying it as owner occupied and rent at other unit.