They get the final numbers to pay off leins and arrange to pay them.

In a seller financing arrangement, the seller essentially becomes the lender, and the buyer repays the purchase price to the seller over time, typically with slightly higher interest than with a traditional loan.Here are the key components of seller financing:Purchase Agreement: The buyer and seller agree on the terms of the sale, including the purchase price, interest rate (if any), repayment schedule, and other terms.

These are perhaps the greatest idea in lending since compound interest and there are licensed brokers who specialize in arranging them. 

You also inquire if there were any other "arrangements" or side deals with the prior management.

They are the only company who we would have an arrangement like this with and it is because we have a good working relationship and everyone understands that there is plenty of business out there for everyone.  

It's important to consider factors such as interest rates, loan terms, and the specific financial arrangement you have with your partner.

The language in your post does not seem to provide such an arrangement in clear terms.  

I'm getting way ahead of my self here though I know from your posts you're well  versed in these types of arrangements?

You could diversify into many at once but obviously do not get the safety of investing into perhaps hundreds, like you would in a syndicated fund.Many brokers specialize in arranging fractionalized loans, especially in higher-priced states.

Hello Guys,I just brokered my first property with a private seller and one of my investors, as well as arranging an option to purchase the property in four years.