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News for Real Estate Investors and Landlords — contract for deed

Financing Strategies for Buyers and Sellers of Real Estate

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"Financing Strategies for Buyers and Sellers of Real Estate," is my newest book. It will release on June 1, 2015. Pre-publication discount pricing of $129 available for first 25 purchasers.  Immediate download of customizable lease-option form, and single family home addendum, when you finish check-out.  Link at bottom of this post to purchase. Regular price of book is $229. Topics include practical, legal, financial and income tax considerations for the following chapters: Seller Financing Using Mortgages Lease Options Bond for Title, Contract for Deed, Vendor's Lien Deed Wraparound Mortgages (Yes, They are Legal) "Hard Money" Loans Investment Clubs Bonds IRA...

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Consequences of Failure to Obtain License for Seller-Financed Transactions

Posted by 15789465 on

This is a follow-up to my post about the Alabama S.A.F.E. Act, and the new amendments that go into effect on January 10, 2014.  In a nutshell, you will be able to do only one seller-financed transaction per year if it has a balloon payment, or only three per year that are fully amortizing.  Three is the limit, though, even if one of them has a balloon. You don't get three of one kind, AND one of the other kind, for a total of four. Just three, total. If you go over the limits, you will need to have a...

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