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Updated over 10 years ago on . Most recent reply

User Stats

280
Posts
68
Votes
Jordan Archer
  • Rental Property Investor
  • Stuart, FL
68
Votes |
280
Posts

How many subject-to financing deals can I lawfully make?

Jordan Archer
  • Rental Property Investor
  • Stuart, FL
Posted

Is there a limit to the amount of multi-families I can acquire through subject-to/seller financing? Is there a law stating that I have to wait so-and-so amount of time between each acquisition?

Most Popular Reply

Account Closed
  • Investor
  • Central Valley, CA
3,729
Votes |
6,037
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Account Closed
  • Investor
  • Central Valley, CA
Replied
Originally posted by @Brian Gibbons:

From what I have read about the Dodd Frank, it is for seller financing a buyer that lives in the property. OO oe Owner Occupant.

So if you are ACQUIRING on seller financing, then renting it out, not living in it, it is infinite. 

Seller financing does not go on the credit report as does FHA or Conventional financing, and if you use land trusts for privacy reasons, an asset search can be difficult in case you get sued.

@Jordan Archer 

@Account Closed 

I'm also assuming by "multi-family" the OP means more than 4 units.  Putting buying for a business purpose aside, lending on more than 4 units is not governed by Dodd Frank.

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