It is not hard to recognize, and the investor was probably aware.

Education and perspective trumps money in RE, because they allow us to recognize opportunities that others can’t see – even as they stare at them.

Can be easily manipulated by deferring maintenance, not recognizing real depreciation, etc.

The IRS and courts do not view lending under biblical teachings and they recognize that the financing wasn't out of the good of someone's heart.

Factor that into what you can get for rent and know that in 5 years you won't recognize the block.Also why not purchase in the area again?

Normally I would tell you that your local bank would refer you to a portfolio lender upon request once they recognize that they cannot provide the financing you are looking for.

Is there a set % ARV for purchase agreement well below the recognized 70% minus repairs minus assignment fee? 

Does anyone know of any good sources on as far as educating oneself on creative financing?

Recognize that this hangup is likely going to take you some time to resolve.

The buyer's obligation to make future payments to you can be in the form of a deed of trust, note, land contract, mortgage, or other evidence of the buyer's debt to you.General RulesIf a sale qualifies as an installment sale, the gain must be reported under the installment method unless you elect out of using the installment method.See Electing Out of the Installment Method under Other Rules, later, for information on recognizing the entire gain in the year of sale.Sale at a loss.