The title company will show you as borrower and the seller as the lien holder but the first thing you need to do is pays a title company to run a title search and sees if there are any liens on the property and if the seller has a bank lien beware of the due on sales clause.

How do you get set as the lien holder on the property in case the buyers default?

In most owner finance deals, note holders are not big enough to meet the credit bureaus criteria for reporting.

Does anyone know how to find who holds the mortgage on a property in Colorado? I've called the County Clerk and Recorder multiple times but they haven't returned my calls. Am wondering if there's another way.

My question is, if I purchase a tax deed in Shelby county Alabama for $1,000.00 and the value of the property is $20,000.00, does the pervious owner have to pay the $1,000.00 plus 12% interest for having the property for one year or does the price have to be negotiated with the tax deed holder?

I also plan to request they add me as the Certificate Holder and Additional Insured on the policy, and provide me with the policy endorsement.

Since I'm brand new to this, how did you convince your friends and/or family members to finance 100% of the deal in exchange for half of the equity and cashflow (for those buy and holders)?

I have gone so far as to contact the mortgage holder to get their opinion as to their interest in the property.  

We are in a beach market, so we get calls all the time from voucher holders who live in other parts of the country and say they want to "port in" to our market.

Sometimes, they run with the tenant as avoicher holder other times, the voucher is tied to the unit.