My assumption was that this was our way to work around using a bridge execution early on, but correct me if I am wrong here.

Asking in the correct forum will get a better response.Need a spreadsheet or form?

If I'm understanding you correctly you only want to actually buy the house for $184K, but you want to use a gift of equity from your daughter as the down payment.

From your post you said that there is more than one unit on the third floor, correct?

You just plan to sell lots, correct and not build?  

Is that generally correct?

Seveney, If my memory is correct you and I have chatted in the past.

@Nevin Wilkie, as noted, if you already closed on a conventional loan, your lender is correct that any change in ownership can cause the loan to become due immediately.There are a few options:First, most risk of being sued comes from you being a bad person.  

If you do it correctly and have the correct paperwork its a great way to buy property with little or no money down.Seller financing is the "Seller" acting as the bank with their equity and loaning the buyer that amount of money for a negotiated period of time. 

Her answer - "Mostly for correcting."