Quote from @Chris Seveney: Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them. 

@Chris Seveney @Ken M. got it, thank you both.

Chris

Quote from @Patrick Roberts: Quote from @Don Konipol: Quote from @Chris Seveney: There are gurus out there who will tell you when seller financing to have the borrower sign a deed in lieu at closing so if they stop paying you can just record the deed in lieu.

Quote from @Chris Seveney: Quote from @Jonathan Chan: Anybody on here have a podcast?

@Russell Brazil @scott Mac @Peter Mckernan @Wyatt Ferm @Jay HurstThank you all for your feed back.

Quote from @Chris Seveney: Quote from @Mike Grudzien: Jonathan,Hands down, this is the "bible":https://store.biggerpockets.com/products/lend-to-liveDon't leave home without it! 

In this option your agent would either get paid from you directly in your closing costs OR from the seller via seller concessions.like Russell said, if you are comfortable with the transaction and understand what you are signing and you don't need things explained and you have connections with inspections and title companies then go for it.

@Chris Seveney thank you. 

Quote from @David Cherkowsky: @Russell Brazil and @Michael BaumThank you both for the suggestions.