All Forum Posts by: Justin Gray

Thank you Matthew. Im not worried about it if I get a normal loan and use a title company. I was thinking more along the lines of if they will do seller financing and we use a promissory note. I know there are websites and things that you can print them off of, or they show you how to write your own. I just wanted to know if I should use a lawyer to make sure everything is legal and good in my state. Or is it still something that I wouldn't need to get a lawyer for?

Thank you Aaron! I appreciate the reply and the information.

Hi! This is my first post and I need some help. I'm trying to get into real estate investing and I have been driving for dollars, and last week I found a house that I believe has good potential. It's a out of state owner in their 60s and the home hasn't been lived in for years. I dont know if they are willing to sell, but before I call them I was wondering if I should try to get pre approved for a loan and should I get a lawyer? I would like to try to do seller financing as my credit score isn't great because I haven't had a credit card very long. I grew up in a family that didn't believe in debt, so I didnt get one till recently. So if seller financing is a possibility should I get a lawyer to do the paper work and legal stuff or is it unnecessary? As for the loan, should I just call them and wait to see if they are willing to sell before I take it to a bank? Any help from someone who knows about this would be greatly appreciated!