You have to make sure the seller, wholesaler etc. has no beneficial interest or ownership in the entities where the money is being held.

(The Ownership piece)  The seller is still on title so you don't actually own it...  

He may have difficulty putting up the down payment, closing costs, etc.. which would put him in a deeper hole.Maybe the best way to go about it is to help him get his finances in order first and then talk about home ownership again down the road when he is in a better place.Just my .02

You could also make 12% off $127k and cash flow more, just don't have ownership of any equity, but that's another conversation...Many experienced investors on here, should get some great advice.

After selling hundreds of investment properties to investors all over the world, we decided to adopt a new approach, wherein we simply sell ownership in properties we own- instead of selling the properties outright.

At 19 I began my ownership career opening several failing businesses from building inspections to event planning each bringing in almost nothing until I sold one and then I started my ownership career with several failing tattoo studios in the area.

Most have attorneys involved in underwriting or as part of the ownership team.

The right to own property and benefit from that ownership?

The tenant has no ownership during the tenancy, and you must act as a landlord.  

If you were to subject to your property, you would be turning over the ownership of your home but the mortgage remains in your name.