Investor · Flint, MI · Member since 2015 · 18 posts · 2 votes
I know there's a lot of threads on Dodd/Frank and Lonnie Deals, However I'd like to hear from anyone who currently does seller financing and what method they're deploying to be compliant.
Ideally, I'd like hear from small investors currently doing these deals.
There have been a ton of posts reported to the Admins in this thread, and I want to address everything at once.
So far, I'm not going to be removing anything. Yes, it's getting heated but it's a good debate - let's just be sure to keep any name-calling out of it. People need to see both sides. But let's be civil or I'll just close the entire thread, as we often need to on these Dodd Frank arguments.
Dodd-Frank is complicated, and as the gentlemen in this debate have shown, open to interpretation since it is so new. I, personally, don't want to be the guy called before the Judge to set the case law, and I doubt you do too. So be careful.
And anyone reading this in the future should know: don't listen to anyone on a Forum at face value. Go talk to a specialized attorney and verify what you need to know.