Even though the income stream lies in the future.

If you are finding really good deals and the local buyers are too lazy to buy them, then pick out the best deals and buy them yourself.If they are as good as you think they are, you will make plenty of money.You keep saying the gurus have lied.

Assume everyone lying until proven otherwise.

It provides inspiration where doubt lies.

You can not lie without facing action from the court (jail time, etc).Having property without a lot of equity visible will discourage folks from suing you but it will not stop people who want to move forward in any event.Similar to trust agreements where they reduce the chance of a suit but they do not directly provide protection.

Unless a body is an attorney they may not know what fight to fight, what questions to ask, or where the wiggle room lies.

Lesson learned, when someone gives you their word, they're lying!

If they agree to sell...I guess I'll just have to bust their bubble and say that my lender backed out or something.I know...it's lying.

Some owner finance is happening to almost every deal these days in the commercial realm unless they are buying on a low basis with all cash.2 viewsBuyer wants to pay nothing and owner financeSeller wants a fantasy price and wants all cashSomewhere in the middle lies reality.When I do owner finance deals from sellers they can research me.I am plastered all over the internet.If something goes wrong my credibility goes down the tubes.The problem with many investors wanting owner financing is they don't sell themselves correctly to the sellers.If you as a buyer have no money,no credit etc. you will appear weak to a seller.If you are a qualified buyer but just want owner finance then the seller might be open to it when they see what you will guarantee on the loan and what kind of credit and reserves you have.

This defense may even go so far as the person who has just purchased the course lying about their success - although they have not closed a transaction.