My name is Nico Banuelos, and I've been actively involved in real estate since 2021.

Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption  Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?

If you can purchase this home with private money or seller financing and get a $110k loan, then you could do a rate/term refi right after so do a 90 or 120 day note to secure the property and get it in your name, then refi into long term debt using the full appraised value. 

Quote from @Tchuissi Mbu nyamsi: Hello, My name is Tchuissi.

Your park name has now landed on someone's government desk and you will eventually be forced to answer a lot of uncomfortable questions. 

They need to have the title in their name for 3 months with some but 6 months with others.

The 4% and 6% rates are just the names given to differentiate commercial and owner-occupied.The 6% rate is obviously significantly high, but it's fairly average nationally.

You can print this one on your computer, no need for the “official” printed forms.W-9 asks them to enter their name, address, and tax ID – which can be a SSN, ITIN (for people who are not permanent residents) or EIN (business tax ID).

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I've named my book of mistakes HOA-M (H.E. double hockey sticks Of A lot Mistakes).