Updated over 6 years ago on . Most recent reply
Looking to connect with seller financing investors in Las Vegas
Hi LV investors! My broker and I manage rentals. Most of them are free and clear SFHs and a few condos. There are owners who don't want to be landlords anymore but still desire stream of monthly income. So we consider helping them with seller financing strategy to fulfill their need. I have been doing a lot of research and reading threads on BP on this subject. When it comes to comply with DF act, each state has their own rules and regulations. I want to connect with Vegas seller financing investors and other professionals like respectful attorneys, MLOs, servicing companies, etc. who are well versed in Nevada SF regulations and DF Act compliance and you have used. Any input and recommendations would be greatly appreciated. Thank you in advance!
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Hi @Lee Zhao. Rather than selling to owner-occupants, which would require navigating through all the Dodd-Frank insanity, your clients might also consider skipping all that and selling with financing direct to investors (I might know a few!), who would then lease to owner-occupants themselves.
Aside from the reduced regulatory hassle, your clients would probably also get more reliable buyers and faster, cleaner sales. And, they would still benefit from a stable stream of monthly income!