I love having my license and helping my clients and also doing my own deals.

I had something of the second situation happen almost after the fact, for a landlord client of mine.

Good Luck, it will be satisfying when done.

We have many clients who invest with us using self-directed IRAs.

The daughter says they want to sell the house and would consider financing the sale (the home is free and clear).My question is when structuring an owner finance sale on a home in probate would we need to have an MLO involved to satisfy the SAFE Act or is this an exempt situation because it is the decedents immediate family?

I think I might have answered my own question.I went the kw website and found it frustrating as a "client"Prudential site is very easy to navigate and don't feel I need to sell my soul to get info.Granted I myself never use their sites to find any of my properties....but Internet presence is crucial.also when I asked for CMAprudential's format was very easy to read, and KW wasn't.

An offer to the borrower to pay $X for satisfy the 2nd can entice the borrower to make the payment by which the lien can be satisfied.

Our screening is rigorous and so far, owners have been satisfied the handful of times we've done it.

For instance, if you get a 5/1 ARM IO the first 120 months is interest only no matter what the market rate adjusts to after the initial fixed 5 year period.My advice to my clients is that you should only do IO with more than 25% equity and in an appreciating market.

@Ned, I have clients who despite their urging receive 1099s issued to them instead of their business.