You act as more of a lien holder collecting the "lien release fee" vs. being considered both a buyer and seller at the same time triggering two taxable transactions.I'm not sure if video links will post along with my comment but I did attach it below.

And to J Beards comment about your lien holder on the draft.

They agent is claiming that it was done as part of them getting the US VISA.

I attempted contact the previous note holder who also did not have a pay history with the note. 

Chantelle If you want to help him buy it the best way is to fill out a 1003 mortgage application which is a federal form you can find on the Internet  Then find a mortgage broker to look it over  I would march him down to the bank and open up a savings account to save up 3 to 5% for a down payment  Wells Fargo just created a 5% down plan which might be better than the FHA program Charge him market rent and give him a right of first refusal which protects him for a period of time.If he needs help creating a stronger FICO score, have him open up a secured loan with the bank for a thousand dollars, and apply for an installment loan that's  securedAlso have him open up a secured Visa card If he can create new positive credit references, it'll help his ability to get a mortgage.I coach seller financing so if I can help you let me know

My husband is from the island and is here on a visitors visa.

Under Florida law, a mortgage holder can also obtain a deficiency judgment by filing a separate lawsuit against you.

I am an international students on F1 visa starting PhD in this fall. 

Both lease holders and the new roommate will have to sign it to release her from the release.

This situation in no way shape or form relieves the landlord of the contractual obligations to his/her broker and any commissions due cooperating brokers vis a vie the commission agreement.Assuming the landlord complied with statutory disclosures, this is not a licensing issue.