One of the tools available to those who wish to purchase real estate investment property is a wraparound mortgage. This is an arrangement in which the buyer and a motivated seller come to an agreement. If a seller still has money remaining on the mortgage, but you do not want to assume the note, but [...]

If you are buying a home for the first time, you might not notice some of the odd exclusions and requirements, unless you have savvy real estate help. 
Did you know you can be penalized for prepaying your mortgage?
For example, he has seen people unwittingly get loans with huge prepayment penalties, something they learn only later [...]

You may be able to go to the bank and get financed easily, but owner financing is not necessarily an indicator of bad credit risks.  There are valid reasons a person with stellar credit may choose to use this alternative financing method.

You may already have a great deal of real estate loans and may want [...]