Depending on how the owner financing was originally structured, the buyer will get title to the property for the first time or the seller will execute a Satisfaction of Mortgage indicating the mortgage has been paid in full and releasing the lien on the property.All the best!

Originally posted by @Jeffrey Levy:@Louie C. 

Originally posted by @Charles M.

ThanksDepending on the number of loans you originate, it may be a lot cheaper to have a servicer manage the loans for you since many can do it for $20-$25/mo per loan.  

Original thread here for referencehttps://www.biggerpockets.com/forums/51/topics/1195208-1031-...

Original, unsavvy borrowers, more often than not think that they no longer are on the hook for the loan.

Originally robots/computers could only do precisely what you told them.

Originally posted by @David Oldenburg:Bill, I must correct you!

A bank will give me a loan (if its ARV is good) and I can use that new loan to pay off the original home equity, and buy another home plus pocket the difference?

We have a clause in the original contract saying that if they cannot get caught up on payment by the end of the 6th month, the lease agreement will be terminated.