Posted by David Butler on October 03, 2004 at 16:59:48:
… and often is used just that way… for both! The trick now is learning which is which, and what kinds of things to look for in both cases. The situations vary widely… but the place to start is the mountain of existing great discussion right here in CFF - regarding “creating notes”, “table-funding”, “benefits of owner financing”, “owner will finance”, “junior position notes”, “creating notes to sell”, “simultaneous closing”, and similar terms - using these as your keywords in the “Search” engine at the top of this Forum.
Take advantage of both - as you can’t take advantage of the one (Working with Realtors), if you don’t have solid handle on the other!
Hope that helps… and best wishes for your success!
David P. Butler