If it is 15% down they could get a lot of money from you upfront and then get full recourse against you selling at an inflated price.One scenario non-recourse you learn on the property and then hand it back with minimal losses if it turns out to be a real dog.The other situation is they have full recourse against you on the loan, they sell you an inflated price, you put a bunch of money down 15%, and now they won't let you out of the dog of a property and every waking day you are dealing with problems.Owner financing can be great if set up properly.No legal advice given. 

In other words DON'T hire an attorney and keep your day job for entity legal issues and those pesky tenant lawsuits than will come up.One secret of the rich and wealthy is corporate credit or business credit based on an EIN instead of SSN which drives commercial financing deals.

I had a group of nuns that offered to pay a year up front, I told them I can't legally do it, but they can give me 12 post dated checks, which they provided, and I accepted.

Realtors, Contractors, or anyone who has any advice on investor friendly title companies, the correct and legal contracts to use.

@Justin PhillipContracts for deed (which what it sounds like) in Texas have significant legal quirks.

I've been told there are legal battles between the casinos and AirBnB and that could last quite a while before settled.

to renting people that i won't rent the RE anymore in around few months from now, step 4: since loan has been fully paid, i could now legally sell the RE.

In mine there is a set of usual and customary closing costs that each party is responsible for. 

Do you plan on continuing to pay your first mortgage if the HOA or another party takes ownership of your home via being the winning foreclosure auction bidder?

Does Anyone have a good letter to send to the homeowner so a third party authorization form can be signed so I can do a payoff.. thanks all help will be appreciated