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Updated almost 3 years ago on . Most recent reply

User Stats

41
Posts
12
Votes
Elijah Jay Dangerfield
  • Franklin, TN
12
Votes |
41
Posts

Owner Financing Help

Elijah Jay Dangerfield
  • Franklin, TN
Posted

Hello!

I recently found myself in a situation where owner financing is an option for me to get into my next deal. I am working with the owner now on a set of terms that works for the both of us. I am now frantically searching on the internet to learn what all is needed paperwork wise to structure an owner financing deal in Tennessee. I have read some online resources that say that it may be very hard to do in Tennessee so I now have come to the place with the best people to see if anyone has any advice for me to figure this out. 

Thank you guys!

Most Popular Reply

User Stats

20,327
Posts
17,927
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Chris Seveney
  • Investor
  • Virginia
17,927
Votes |
20,327
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Elijah Jay Dangerfield

Do not do a land contract. Treat it like a traditional deal with a note and deed of trust/mortgage. Find a local title company and they can handle the paperwork

  • Chris Seveney
business profile image
7e investments
5.0 stars
2 Reviews

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