Owner financing in Alabama.

[Josh Anderson]

Calling all those lucky dogs that have ran down this road with a property!

Looking for advice on documents and past experiences on this creative financing. 

Do's and Don't's and anything I should prepare for.

Thanks in advance. 

[Brian Gibbons]

A pure lease for one year and a pure option where option fee is not financed but a lump sum should be fine without Dodd Frank.

My problem with the CFPB is all about consumer protection. Many lawyers may look at the Dodd Frank (OO Owner Occupied) lawsand make a case against the Seller.

The only way to protect yourself is to underwrite the buyer with a RMLO.  Then you have a safe harbor.