Hi Sandy, call ALL of the local title offices / closing Attorneys asking if they have seen a LMLO on a sellers note.  

Just had an issue last week with a seller who was given her property by Quite Claim Deed, Capital Title would not accept this. 

The bigger pockets question is why is TK Maverick or any Turnkey promoter / seller repeatedly offering questionable investments to BPers.

It's in an area that's growing and in high demand.

I have a semi-organized plan, but before I invest a significant amount of time and money I was wondering how many here have actually used either lease options, master lease options or seller financing in the Dodd-Frank era?

Have an Attorney draw up the agreement so you are protected and the seller is protected as well.

Like what exactly do I say to the seller?

FMR 700/monthTaxes: $3515/yrAsking Price from seller is $127,900 My offer:Purchase price of $85k with $10,000 down of OPM.Loan amount from seller: $75k at 8% APR, 5 year balloon interest only payments of $500/month.  

I went with the seller's title company, Boston National Title..  

Quotes came in at 100k so I adjusted my offer to 240k where seller finances 210k of the deal.