The media loves to report on penalties and fines in the multi millions against Bank of America or Wells Fargo, but reporting on a smaller seller financier with 30 loans that was fined out of business with a $150,000 fine and additional administrative penalties just isn't sexy enough for them.So, are you sure these laws and rules aren't being enforced against the smaller operations?

Part of it may be some of the email clients will collapse old content on a thread so you may not see it.Starting a new email on every detail is going to be a real pain.

Yes, tax credits can be had federally, at the state and city levels.Homes are usually not a real headache, depends on what and where, but an apt. building or commercial property can really be a pain and costly.

Closely held C-Corps are a pain tax wise, you'll devalue the corp disposing of assets and have the issues Steve spoke of.

First, It's not Jan 1, but the 10th or 14th or so, as to servicing, you need to look at who the administrator of your qualified tax plan is.

To get a feel you would need to talk to BK corporates lease administration department.

Usually they will amortize the loan across 30 years but have a balloon note after 3 or 5 or 7 or whatever you guys want.I currently have a property I'm asking just over 10% down, 6.5% interest, 30 year amortization with a balloon (due) in 5 years.The biggest plus right now for owner financing is that you're usually saving the pain of getting traditional financing if you don't qualify or just trying to keep another loan off the credit report.I would suggest a loan servicing company handles the monthly transactions too so there's a middle man and both sides are taken care of.Allen

These are laws not administrative rules.

If it looks like it could be a pain to maintain (old wiring, needs all the windows replaced, etc), we pass on it.

In 18 years I only had to file unlawful detainer once, but on many occasions I've used legal notices effectively and negotiated move-outs that were less painful for all parties involved.