Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago,

User Stats

390
Posts
599
Votes
Serge S.
  • Rental Property Investor
  • Scottsdale, AZ
599
Votes |
390
Posts

Owner finance deal question

Serge S.
  • Rental Property Investor
  • Scottsdale, AZ
Posted

I'm considering packaging up some 4plex buildings into an owner finance deal. Looks like a fair win win deal. I am offering very fair terms and the deal will cash flow for the buyer. This would be my first real owner finance where I am on the financing side. My questions for the pros that have done it:

Any issues with the SAFE Act to consider?
Would you use a lawyer to draft the deed of trust and promissory note or online template?
If using a lawyer, any AZ recommendations? All the legal help I've had has been pretty shoddy and unresponsive.
If using templates it would be great if you could share those.

All help and advice is appreciated.

Loading replies...