Taxes, Insurance and Owner Financing

[Drew Poniewaz]

I've never really heard or seen anyone tackle the issues of escrowing taxes and insurance when setting up an owner finance deal. Can anyone offer their thoughts on the process from, collecting the first year upfront, or if you use the money that the people put down to start the escrow account. Is there any interesting or creative examples that I should think about employing in my own business and situations? 

Thank you.