In short, this is the exact same process as any other transaction...contract, title, close...some thoughts...Down- 25k is a bit light (even though this is all relative...I personally offer 10% down to open and some folks are fine with that)...I would ask for 20% down to protect the interest of your client...the buyer would get a 75% LTV product from a bank if they were not occupying the property.

Hi @Kevin Serna I host a meetup in the Long Beach area that is every second Tuesday of the month. 

We negotiated this into an owner financing acquisition so no bank financing was involved in acquiring it.Now, we did have to do some work to it.

I created a company a few months back but I haven’t made any deposits in it (doesn’t even have a bank account).

If you only need the funds for attorney's fees, it would be easier to get a signature loan from a bank or a loan on property or automobiles you own.

We purchased our first single family home from the bank at that time, and never looked back!

In my opinion, this is when REI can be really fun- without a bank, a deal can look any way you want it to look.

No financing was used through a bank, this was purely the owner/builder licensure exemption.

Hey we host a meet up in Staten Island and most of us, including me own property in New Jersey.

If our property had gone down 2-3% in the last year, we'd really be in no less of a worse spot since we were banking 100% on cash-flow.There definitely are places that fit what you're after - but the secret seems to be out and they're harder and harder to find.