@Vernalene Perez What you need to do is have a business license or your cpa state that you have been self employed for 2 yrs.Once you get over that hurdle you need an experienced loan officer or broker to evaluate your 1040s and all schedules.Based on that info and some other documents your LO or broker should be able to let you know what your buying power is.C.I.A

Have your LO give your agent some fliers to leave at the open house, letting folks know about the 3% down and 5% down options.

If you're open to any market within a few hours of LO (Go lakers), consider Salem.

Again, not legal advice.I was a licensed Division Of Banks LO and I can say without doubt this is EXACTLY what we looked for regarding fraud. 

A CFO is merely a safer way to go than a LO, not perfect, like a business partnership is not perfect!

What matters is how the written agreement, or L/O contract says.

Lo and Behold, there was a check for $208.33 from Sister 2.Took it to HER bank to cash it...Bouncy, bouncy, bouncy....  

I will be working through a licensed Real Estate Agent as well.After reading Brandon Turner's blogpost reviewing RocketLawyer, I'm considering going that route, but I fear I may need a more involved consultation due to NC strict LO regulations.

Even with the higher rate, your payment can be lower (this is not all the time, it is just an avenue a good LO will look into). 

I also understand from the proponents of L/O that having a buyer-tenant with more "skin in the game" versus a renter in the house would make the management easier.From what I read/understand, it definitely does not seem to make sense to seller finance in regards to my options for non-payment (eviction vs. foreclosure).The problem I have in structuring the deal is if they cash me out "soon" then I don't stand to make as much as I would if I continue to rent the property but I guess the trade-off there is that I would then have all the equity available as capital to reinvest into another investment (or multiple investments) which may offer better returns.I am curious if:1) Anyone has actually done this and found it to be a better long-term strategy?