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Updated 2 months ago on . Most recent reply

Jem J.'s profile image
Jem J.'s profile image
Jem J.
  • Investor
  • from Philadelphia, PA
  • Member since Jul 15, 2015

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Jem J.'s profile image
Jem J.'s profile image
Jem J.
  • Investor
  • from Philadelphia, PA
  • Member since Jul 15, 2015
Jem J.
  • Investor
  • Philadelphia, PA
23
Votes |
97
Posts
Creative Real Estate Financing

Owner financing

Jem J.
  • Investor
  • Philadelphia, PA
Posted

Looking at selling a property and will do owner financing to my buyer. I have a wonderful mentor in this matter but I would like to gather all the opinions of the experts here. What do I need to do to protect myself as the " bank". Have not utilized this route before but greatly considering it. Property is in Chattanooga, TN.  Thanks!

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Brian Gibbons's profile image
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Brian Gibbons
  • Investor
  • from Sherman Oaks, CA
  • Member since May 23, 2008

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Brian Gibbons
  • Investor
  • from Sherman Oaks, CA
  • Member since May 23, 2008
Brian Gibbons
  • Investor
  • Sherman Oaks, CA
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Brian Gibbons
  • Investor
  • Sherman Oaks, CA
Replied

Thanks @Ben Leybovich !

@Jem J.

https://www.biggerpockets.com/blogs/3/blog_posts/3...

Above is a dodd frank summary

https://www.biggerpockets.com/blogs/3/blog_posts/4...

Above are posts about Dodd Frank and the Safe Act and TILA and the CFPB

PM me if you need a free consult.

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