Installment Sales agreement

[Sean Schellenger]

I have been talking with some folks who view the use of an installment sales agreement (contract for deed) sort of like a lost art. Apparently at some point in time it was the most common contract used. Aside from learning a little about the ISA agreement in college, i have very little experience or knowledge regarding the contract. However, Im beginning to wonder if there may be some value in learning exactly how it can be used to increase income on performing rentals, as well as sell properties at good prices. Their website is www.ourahi.com. They are calling it the American Homeowners Initiative. im thinking the system they use might be good to impliment if you are the owner of a performing apartment complex. You could convert units to condos and offer existing tenents the opportunity to own!! Does this make sense or am I wasting my time..... and everyone elses, lol

[Jon Holdman]

Its a pretty well understood technique. It falls into the middle of the "owner financing" spectrum. More control than a wrap or subject to, less than a lease/option. The terms depend on the deal negotiated, so to say "less cash needed" may or may not be true.