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![Erica Patterson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/267665/1621437686-avatar-ericap1.jpg?twic=v1/output=image/crop=1000x1000@365x0/cover=128x128&v=2)
Structuring a land purchase with owner financing
I am searching for a piece of land on the outskirts of Charlotte. Are there any templates you know of or any advice you can give on structuring the deal and what to include in the contract?
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I would maybe post this in the realtors forum? Or reach out to a few who are local, they would know!
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Lender North Carolina (#2264646)
- The One Brokerage
- [email protected]
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Hey Erica!
I have done what you are wanting to do for myself and clients. You will need an offer to purchase contract, promissory note, and deed of trust if you are looking to do an owner financed lot. I would connect with a closing attorney like Sperry & Hatley or 24 Hour Closing. They will have templates for this stuff and complete the promissory note and DoT for you if you use them to close on land.
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