Hi All-

    I've read many contradicting things with regards to how Dodd Frank impacts seller financing, both here on BP and elsewhere.  In particular if it applies to non-owner occupied properties, or raw land, what exactly the guidelines are for the up to 3 seller financed properties per year, etc.  I'd also like to make sure I am not violating any CA usury laws.

     Can someone recommend a CA attorney that's 100% up to speed on all of this?  I think it's worth it to me to shell out for one very expensive hour or two of an expert's time, as opposed to getting this wrong.

   Also if someone has a document they can reference that provides solid background that'd be awesome too......perhaps to frame the above conversation.

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  Some of my questions are related to:

-Difference in rules between 1 property per year, and 3 per year seller financed, as an individual, or as an LLC, and what happens with multi-member LLCs and who's "count" those properties applies to

-Whether Dodd Frank applies to raw land, improved land, properties the buyer is not planning to owner occupy, etc. and if any of those are exempt, what paperwork I should have the buyer sign at closing to state this.

-In cases where balloon payments are frowned on, can you require principal reductions?

-If the interest rate is fixed, what is the max interest rate, assuming the buyer has the ability to pay?

-If there is a certain minimum loan term, or if a very short period is OK, if the buyer has the ability to pay.

-If I need to verify ability to pay from buyers who will not be occupying the property or using it as their residence.

Appreciate any help!