Are you a slick transferor of outstanding balances?

Thanks for sharing your story, Congrats to you Junior....Outstanding and continue with that drive and success!  

I've looked at different avenues for financing (already have one property purchased CASH, a cosigner and outstanding credit) and feel like this would be the best way for me to go if I can find someone that would do it.

Benefits for me: I own the property in 5 years, free and clear, only having to pay off property taxes and making some repairs--by that time I'm predicting the neighborhood will have appreciated quite a bitBenefits for the seller & caretaker: outstanding tax debt is washed away, a huge weight is lifted off their shoulders, and they can continue living in the house for another minimum 5 years without having to pay a dimeI'm still quite the noob at the whole REI game, and it sounds really weird but it seems like a win-win for both of us.  

All payments made by Tenant to Landlordafter the tenancy commences, no matter how designated by Tenant, will beapplied as follows: first, to any outstanding amounts due for damages/repairs,utilities etc.; second, to any outstanding service charges and fees from priormonths; third, to any rent outstanding from prior months; fourth, to anyservice charges or fees due in the current month; and lastly to the currentmonth’s rent."  

Muller.http://www.irem.org/File%20Library/Events/IFLC/IFL...Outstanding! 

Me and another guy scraped up $1,200 and bought a property from a guy for the outstanding tax liens on it. 

Typically, when doing an installment sale, does the seller (me) charge "interest" on the outstanding balance, or would I simply mark up the sales price to some fixed amount (which of course can be calculated using a target interest rate).thanks.

Yes Borrow Borrow and Buy i acquired, 16 doors in 18 months, when i was 22 all i started that venture with was an idea and a credit card, i had high paying private equity job so i had outstanding credit and good banking contacts, was making about 4,720 in cash flow but also think the bigger picture about the equity you build thats what i always tell the people i consult, and how much value your properties will gain in the next 5 years. 

(Security) The Total Principal of the PPFP together with the PPSP shall be secured by a Deed Of Trust to be filed......any default with respect to either principal part shall constitute a default of the entire obligation outstanding at the time of default.