Btw, the 50/50 split is a bad deal for the investors as even the most experienced sponsors with verifiable track records are at 65/35, while many others are at 75/25 or even 80/20.

I think you can (depending on your state) include a "confession of judgement" clause whereby if he does not stick to the payment plan you can record the IOU as a general lien against him the same as if you went to court. 

Have title company to record mortgage and sign mortgage note during that time.

You do use an address for where to return the deed after recording.

I believe the HOA was the plaintiff in this case.In my case, the house that I want to purchase also has a lien/first mortgage from what I can tell (I researched the county recorder's records) to find the plaintiff's assignment that is taking this to auction.

Totally Off grid with micro hydro,48v dc to Pure sine wave inverter(5500 watts) New Trojan Batteries (Renewable energy) Have two springs one is for drinking water and other is for water turbine.(90 gallons per minute and 175 foot of head/drop in elevation) still a project in progress as we have plans to convert into a functional micro farm with greenhouses etc producing all natural Non GMO vegetables that are ORGANIC.

I know that when an investor wants to sell a property to a buyer who is getting an FHA loan that the investor must be the owner of record for a minimum of 90 days, and cannot sell it until Day 91.

I can do my own deeds and record them.not sure why you need an attorney.. 

I am stuck on how to apply the existing credit, without it being recorded as another deposit.

I am of belief only if the tax lien is recorded in prothonotary would it encumber other real estate.