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Updated 10 months ago, 03/16/2024
Seller financing for beginners
I have a handful a single family houses I am planning on owner financing. Is there a license needed to owner finance a house or a system you need to implement? I know when I get a loan they give me all these disclosures and forms to review. Is there a limit on how many I can owner finance without having a license?
- own them outright
- plan to owner finance at 10% down 10% interest
I use a title company and attorney for closing along with servicing company once done.
I don’t want to run into an issue where I get to many of them and not following rules.
* I am only owner financing properties I own outright