Posted by Bud Branstetter on December 05, 1999 at 22:32:18:
I’m not sure how much of your comment was tongue in cheek. I’m not saying that a PACTrust would not work. But I am saying that I don’t think it would be appropriate here.
A low income person, with a minimal equity position if any can not afford to gain the complex knowledge needed to implement your solution. A knowledgeable investor that does know your system may even have a tuff time at this economic level.
Learning how to L/O or owner finance even with that dreaded DOS clause is the most that can be expected of a novice. Then you could always turn into Robert Allen and go there and show him how it is all done.