I have a property under contract in Ohio that the homeowner is signing over to me for free, minus closing costs.

In some cases, if the attorneys that represent the seller see that you're planning to finance after marking "Cash" on the addendum, they'll require you to submit an amendment to the contract that the seller will need to sign and agree.When dealing with private sellers, this is going to be much less of a concern.

You have failed to make scheduled payments when due and are now in default of the security agreement you signed when you purchased the home at the above address.

Basically I just signed up for the Joint Venture program with Richard Roop who leans towards owner financing using creative strategies and a long term hold approach.

Craigslist and for-rent signs are the main inputs for me, but there may be others in your area.

I would make sure that you send the letter registered mail and make them sign for it.

Or sign a new lease with the new roommate since the duration the new roommate will be staying in the unit is 10 months instead of the typical 3 month sublet?

Sign something to the effect that you will do certain repairs as units go vacant or tenants are evicted and units get rehabbed for a higher rent amount.

It can be double closed as long as the B-C transaction is not for more than 20% of the A-B purchase price within the past 90 days.That restriction runs with the title, so you'd still be held to that same 20% resale deed restriction from the date Fannie or Freddie signed off on the deed.

Get a assignable contract signed by the seller for 90 days.