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Updated over 7 years ago on . Most recent reply

Bill B.'s profile image
Bill B.'s profile image
Bill B.
Pro Member
  • from Camarillo, California
  • Member since May 11, 2013
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Bill B.'s profile image
Bill B.'s profile image
Bill B.
Pro Member
  • from Camarillo, California
  • Member since May 11, 2013
Connect
Bill B.
Pro Member
  • Camarillo, CA
86
Votes |
217
Posts
Tax Liens & Mortgage Notes

Owner Financed NPN Question

Bill B.
Pro Member
  • Camarillo, CA
Posted

Hi!

I'm evaluating two NPN investments. The twist is that they are Owner Financed notes.

Are there pitfalls and/or unique issues tied to the fact that the investments are NOT institution based, but owner financed?

I'm most concerned that the note and mortgage are legal and enforceable.  

Can someone point me to the "south forty" so I can plow it for this information?

Thanks!!!!

Bill

  • Bill B.
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