Meaning a junior lien holder has the right to purchase the property from me at my cost plus interest and expenses.

So again for the ambitious, remote working may not appeal.In the end large Bay Area employees like HP, Apple, SalesForce, Tesla, NetApp, Intel, nVidia, Google, NetFlix, Intuit, AirBnB, Uber, PayPal, eBay, VISA, Oracle and many others are only telling employees to work remotely until the next few months vs permanently.

And if it IS Seller Financing, why would he be concerned if you sub-lease it out afterwards (because if you OR your lease-holder subsequently renegue down the track, he gets the property back anyway)?

I'm a buy and holder, not a wholesaler, but this is the meat of the screening over the phone process I go through before viewing a place.  

It is a private mortgage note, but you are still personally responsible for the mortgage payment and upon failure to make payments, the owner/note holder can and would foreclose, just as a bank would do.

Let's see what the sites you posted say: "In 2002, Ali was charged with making false statements to the FBI and to financial institutions, identity fraud, and credit card fraud.[2] Al-Marri was alleged to be in possession of more than 1750 credit card numbers, along with the names of the account holders, none of whom were Al-Marri.

Servicing is definitely a function for individual or small note holders need to avoid!

So if you can't pay your loan your note holder isn't screwed over. 

:crazed:i wonder what the board of directors, or share holders would think of that?

China, but the way is the largest holder of US treasury bonds.