Finished rich dad poor dad and I've been listening to alot of podcasts about financial independence.

I hope this makes sense what I am describing here but just think about purchasing a home in the traditional fashion if it's your primary home. 

I've done this for 13 years in the NY market...what you suggested is 100% the way to go traditionally.

Ratail price, traditional mortgage.How did you add value to the deal?

I'm going through this same process myself and here's what I've discovered on BP so far...If you have good credit and income, you can get traditional loans for your first property for as little as 3%.

I've done several deals in the past; I'd like to use BiggerPockets to help me optimize and improve what I'm doing.I've always done either cash deals or traditional financing for my rehabs and rentals.

Not a get rich quick scheme but something more to grow with over time.My predicament is - what sort of document do I execute with the investor to: (1) memorialize the terms of the investment; (2) inform them of the risks associated with the investment; and (3) alert them that when there is a cash call for an underwritten deal that they are accountable to wiring funds?

Conventional lenders allow for 10 financed properties.Non traditional lenders there is no maximum amount.

Figure out what the terms are that the seller is offering and compare them to traditional financing.

Be sure that you highlight that "selling your house can be easier than you think" with the advantages of working directly with you instead of the more traditional route.