Financing the sale of a contract may not qualify as a RE secured note.To obtain passive income, you'd be the lender/note holder and all of that is not simply passive income, some will be capital gains.My first impression is that you need to learn more before you try hitting the streets, RE and especially financing isn't just shuffling deals and papers around like the gurus suggest.

We also request a copy of their visa. 

The Due on Sale typically says something like "upon change of equity holder, change in title". 

Most lenders will require some sort of VISA, and usually some reserves in a US FDIC insured bank. 

The Ownership Certificate will show the name of the registered owner and the lien holder (lender/seller).

The seller (who is the most senior debt holder) is considering putting the property in receivership. 

Even the best areas have bad investments and visa-versa.

They have tried to obtain a payoff to sell the property, but the holder of the seller carryback will not give a payoff.

@Ashwin M.Assuming it’s a living trustWith our home it was acquired and mortgage in our name and subsequently we transferred it to the trustWe let the lender know this was our intention and title company and neither had an issue with it as long as deed holders were the trustees of the trustHope that helpsNote not legal advice just sharing our story

Many notes that originate with owner financing do not have many protections for the creditor/note holder that properly written notes contain.