Someone may give you a price, but it won't be a "flat fee" really.I'd suggest you not buy notes of any kind until you're familiar with foreclosure statutes, costs, time lines and requirements for eviction and safekeeping of the collateral. :)   

I've cashed out cars for down payment, I've cross collateralized other property (real and personal), and used partners to get the capital to buy.

Most lawyers are conventional and don't understand creative financing - so when you find a lawyer you should be prepared and ask  these questions:Loan amount - principalfor how long - term what's the interest rate (or it could be a "principal mortgage - that is NO interest - all payments go to pay down the loan - my favorite - learn how to ask for this great mortgage) balloon payment, will  you have a right to discount for early pay-off, will you have the right to substitute collateral in the event you sell the property (no need to pay off mortgage - just walk the loan to another suitable equity that you own - this way you keep all the proceeds of the sale with no need to pay it off to the owner - you still owe it - but just have another collateral)will you build in a "first right of refusal" in the event mortgagee has an offer to sell the mortgagewill your mortgage be recorded or will use a promissory note - not recordedwill seller require co-signer or a blanket mortgage - will seller stay on as a joint venture/hybrid partner for a percentage of the resale profit in lieu of a purchase discountYou just may only need a title company - they can get the job done for less money - lawyers are expensive - talk to a seasoned local investor for hints on asking and getting seller financing.For us investors, seller financing is the best loan ever.Wishing you good luck ---- Charles - Baltimore Maryland

Re "apply for the mortgage together": as a beginner, you are confusing terminology a bit here, so let's break it down into the various parts.People apply for a "loan secured by real estate", and refer to that as "applying for a mortgage", but that is not following the strictest definitions of the terms.A "loan secured by real estate" consists of two components: a promissory note, and a security instrument that pledges the real estate as collateral to secure the loan.

You can get financing with no job, even no assets and based upon the collateral usually at a lower ltv, 50-70%.  

Quick question: the lenders I speak with who offer 30 year conforming loans tell me that they will not lend on collateral titled in the name of a trust or any other entity. 

In addition the bank if giving you a construction loan based on your personal credit (or other assets as collateral) for construction and release those funds based on hitting various milestones (e.g. permits pulled, inspections passed, etc).

@Jesse Daconta there are specialized lenders that will allow you to cross-collateralize your assets into a single note.

I was highly leveraged going into this deal as I used a lot of my own cash and credit lines to tie this deal up as banks can move really slow when you don't have the relationships in place.Now I just have to figure out a way to tap into this equity and leverage it as collateral for another deal. 

You are only left with the HELOC using the home as collateral.