Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 12 years ago,
Owner finance deal question
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.