The buyer is willing to offer $50k for the property as part of a seller financing deal with a chunk paid at the beginning and the remaining amount spread across 5 years and after which, the buyer will refinance and take over the mortgage.

Typical documents are a mortgage or deed of trust (depends on your state, I believe Washington is a deed of trust state), and a promissory note.  

If you ever want to connect or be a part of our meetup (free online and remote options) on RE investing, let me know!

The scenario is that I bought a house for $200k ($150k mortgage).

@Greg Strunak have you tried the anti-barking devices they sell online?

We use quickbooks online to track our time, payroll, and income and expense tracking. 

Question: Can you just put the money together and have them share the first mortgage?

Paid the mortgage and HELOC payment for 12 months while the whole debacle was finally resolved and the units are both rented.During rehab, there was a break in and the furnaces were stolen.

If anyone has any advice on how I should try to get a solid mortgage or how to leverage my first time home buyer benefits, please reach out.

I've reached out to a couple I've found online but they were unprofessional and didn't inspire much confidence--and then they didn't have any deals.