http://www.biggerpockets.com/renewsblog/2013/04/11/bp-podcast-013-seller-financing-leon-yang/This podcast may help a bit.

Yang

@Jonathan Pflueger  especially when the lots sold for 990 to 2900 each :)  guy named George Triphon bought a thousand of them at tax sale.. he did that is Lake co also.. made millions in the land game in the 60s.. that was my incubator watching those guys work.. and listening to how they closed the deals.. :)Not sure when I would get down that way next been a few years..

@Jiwei Yang it all depends on the property, the appraised value, the income it generates and finally your experience and financial strength.They will use the income from the property to service the debt but they will still be looking for you to guarantee the loan so you will need good credit, income and assets including cash reserves.

My partner was running a real estate office under a local broker and would make commission from the purchase and sale.  He

Thank you @Chheang Yang and @Kevin Hill for the response.

She wants to sale her father's interest, which she will file the necessary paperwork to transfer his interest into her name.

This is the outcome of the games that I personally caught RE professionals in 2 different states and 2 small segments of the market engage in.I think in the case of my neighbor (seller) he was pressured into the sale.  He

But there’s a yin and yang to everything.

Thanks for the welcome, Kerry, Joe, Mike, and Yang.