How much is your annual spend on 3rd party software and apps?

Absent a clause in a trust that provides for a beneficiary to designate powers of sale (or will, if that’s the controlling document) then you are just an interested buyer party.  

They act as a neutral third party and are the ones who hold the proceeds and facilitate the transaction in accordance with IRS rules.

The tricky part is finding lenders that offer <$50k loans, which we also have in our network. 

The LLC part is easy either way.  

These transactions are overly complex and typically never end well because the exit is not thought out and if someone wants out etc. what do you do.If I were to do one of these I would buy it in a LLC so its easier for one party to exit, especially since financing is involved. 

I don't like third party managers, as the best I have ever heard from someone is "they are fine" but most stories are much worse than that.  

They CAN NOT foreclose if you stop making payments,"=================================In a subject to, as in a wrap, there is no safety for the buyer either -- he can lose his title (and equity if the foreclosure sale doesn't generate enough money) when the seller's lender forecloses, and he will be a party to the foreclosure as an interested party.Don't get me started on the appropriateness of subject to and wraps for those nearing retirement and the use of their 401(k), IRA, or pension accounts -- even if they are qualified or accredited investors.

Just disclose everything so all parties know what it going on with the assignable conract.Consult a local attorney.

It's a seamless and advantageous arrangement that ensures a smooth transition for both parties involved.This knucklehead wants 100% owner financing