if it's already gone to auction, it might be too late. it's a complicated process to try to get the bank to back out of that. and as the other commenter said, all owners have to be totally on board with your plan. not only are most sellers not down for creative financing, but those being foreclosed on are typically even less cooperative (i realize that makes no sense, just how it is), and divorced couples even LESS. i think you're putting the cart before the horse here in looking for a TC. for future deals, you can find a TC in pace morby's fb group. 

Therefore, sellers increasingly offer debt assumptions to preserve disposition targets and supply greater financing certainty to their buyers.As property values decline, rising yield requirements are diffusing across assets of varying quality and vintages.

I purchased a home in my primary name as a house hack 2 1/2 years ago and now am moving into another property and using this home as a rental. I would like to quit claim deed this property into a recently formed LLC f...

Due to the rising cost of financing, the deal fetched an 8% cap rate, typical for transactions in this size range.As we move through the first quarter of 2024, the $180 billion in retail loans maturing between 2024 and 2026 presents a significant consideration for the market.

The asking price is $250K ($100K down incl. repair and $150K owner financing at 4.1% for 5 yrs). 

Makes tax prep and financing more expensive, for almost zero benefit?

Rental income finances everything in all of them including all the custom upgrades and upkeep done mostly by hired hands.

How did you finance this deal?

If she hires a lawyer, and she loses, then that was just wasted money for her.Hopefully, you've read these:Is There a Problem with Buying Properties Subject-to Existing Financing?

For these reasons I will have to qualify for a loan on the nee house, to pay off the debt that exists and to finance renovations.