@Connor O'Brien, series 7, 65 and 82 license holders are all now able to qualify as accredited.  

You might have to open up your pool of applicants to voucher holders and see if you can find a better qualified (read: less indebted) applicant. the downside will be that their score and income will be lower, but guaranteed by voucher. 

The mortgage holder is going to try and minimize their losses so the fact that  you would be making money on the deal means they are missing out. 

Sometimes the taxes were gold, lumber, grain or livestock, other times land-holders provided manpower in exchange for the protection of their ownership interest (ie governors provided laborers for the pyramids, lords provided the king soldiers for wars). 

Could write a book about how ins. cos. try to screw policy holders and refuse to pay legitimate claims in a city that was underwater for 3 weeks-- but I digress......that said --we "fell" back into r.e. after a 7yr hiatus after people suffering from litigation fatigue deeded us their properties- many of them. 

Meaning a junior lien holder has the right to purchase the property from me at my cost plus interest and expenses.

And if it IS Seller Financing, why would he be concerned if you sub-lease it out afterwards (because if you OR your lease-holder subsequently renegue down the track, he gets the property back anyway)?

I'm a buy and holder, not a wholesaler, but this is the meat of the screening over the phone process I go through before viewing a place.  

It is a private mortgage note, but you are still personally responsible for the mortgage payment and upon failure to make payments, the owner/note holder can and would foreclose, just as a bank would do.

Let's see what the sites you posted say: "In 2002, Ali was charged with making false statements to the FBI and to financial institutions, identity fraud, and credit card fraud.[2] Al-Marri was alleged to be in possession of more than 1750 credit card numbers, along with the names of the account holders, none of whom were Al-Marri.