I have one property that is a bit unique.

-Estimated home value: $1.7mil-Current credit scores around:Experian FICO Score 8 = 760; FICO Score 2 = 785TransUnion FICO Score 8 = 735; FICO Score 4 = 770Equifax FICO Score 8 = 755; FICO Score 5 = 735-$25k outstanding credit card debt, $700 min monthly payment-$400k in student loan, ~$1200 monthly payment on income based repayment plan-W2 income ~$180k, which is base + annual bonus.Since we invested heavily in the property over the past few years, have paper losses, total income around 2018 137k, 2017 100k-Rental Income:Airbnb income was around 70k in 2018 with significant down time for remodeling.

@Scott Yarnall  Yes, assets can be used for some loan types, especially if you have enough assets to repay the loan in full, but just choose to finance 50%.

@Bill Plymouth I am not able to qualify at standard intitutions because of my unique employment situations which is why I had orginally posted.

Of course, every seller and every situation is unique so I WON'T say its impossible... just not common.That being said, the title search is conducted by the attorney when the contract is being drawn up.

I was talking to someone in my office about drafting the following terms:1. 5% Down Payment 2. 5% Owner Financing (No interest, just principal payments)3. 5 Year Repayment (Will refinance in 5 years with a conventional loan and pay off the seller)

It’s just getting started and I realize agents are important in many transactions; however sometimes especially in unique markets may not be necessary.

Is it as simple as receiving money from the acquaintance and repaying it according to the terms that we establish? 

I'd guess, that he's counting on never repaying the debt on his credit cards. 

So, used VA loan to purchase "Dream Home" earlier this year, after relocating from CA to OH (hence, not a lot of equity or pay-down). Just discovered that my position that I moved here for is likely being eliminated, ...