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Updated over 6 years ago on . Most recent reply

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Owner financing and lease-to-own options

Posted

Hello,

How do investors in Texas do owner-financing and lease-to-buy deals? As I understand (by reading articles online), Texas has strict laws in place that are not investor friendly around these. I am new to investing and confused! Any guidance on how to do these legally and safely would be appreciated.

Regards,

Balu

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Jerel Ehlert
  • Attorney
  • Austin, TX
758
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887
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Jerel Ehlert
  • Attorney
  • Austin, TX
Replied

Best practices are to sell with owner financing or on a wrap.  Both convey title and take back a promissory note and deed of trust.  Use an RMLO and loan servicing company.

  • Jerel Ehlert
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