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Updated about 2 years ago on . Most recent reply presented by

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40
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18
Votes
Jourdan Mercer
18
Votes |
40
Posts

Creative finance paperwork

Jourdan Mercer
Posted

I'm a new investor trying to get my first property using creative financing.  I would like to get my first property or multiple properties using seller financing, sub to, or a hybrid of both.  I'm trying to do my homework and make sure I do it the right way.  Is there certain paperwork I need and what is the best way to handle a sub to title transfer to lessen the likelihood of triggering the due on sale clause?

I'm also looking for a real estate investment attorney to bring my paperwork to when I get my deals and to look over my contracts.  Any investor attorneys in massachusetts from worcester to the cape looking for a new real estate investor to work with?

Most Popular Reply

User Stats

180
Posts
104
Votes
Mike Lowery
  • Rental Property Investor
  • Milwaukee, WI
104
Votes |
180
Posts
Mike Lowery
  • Rental Property Investor
  • Milwaukee, WI
Replied

@Jourdan Mercer hire an attorney and have them draft up the contract. I found this to be an easy, effective and reasonbly priced way to save myself the hassle. The attorney will ask, or should ask, all applicable questions, oftentimes maybe even mentioning something you did not think of.

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