Tag Archives: seller financing

Three Less Common Ways to Find Investment Deals

Finding deals is not as challenging in this economy, but the REI space is a little crowded. Investors are mailing postcards to foreclosure victims. (Have you tried this strategy? How has it worked for you?) We buy houses signs are all over the place, but the real way to find deals are less than these [...]

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One Way to Deal with Fear as an Investor – Fight Back

If you turn on the news this week, it’s a scary scene. The president and Congress are battling out whether to raise the debt ceiling or not. It’s true; we’re living in a scary time. And as Las Vegas tycoon Steve Wynn says, businesses are scared to invest. Especially with moves like the one that’s [...]

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The Fed’s Trying to Outlaw Seller Mortgages

From THE PAPER SOURCE JOURNAL, July, 2011: The Federal Reserve, which received sweeping new authority under the Obama regulatory reauthorization, wants to effectively eliminate seller-held mortgages. It will do this by enacting a rule for the Dodd-Frank Act prohibiting property sellers from taking back a mortgage unless the buyer essentially can qualify for conventional financing! [...]

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Seller Financing Safe for Now

I admit the legislative battle over seller financing had me scared for the real estate investors who are seller financing residential properties. The House initially proposed that only licensed mortgage originators should be allowed to do seller financing transactions OR be limited to one transaction every 3 years. On June 23rd, the sponsors of that [...]

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How the New Proposed Mortgage Reform Act Impacts Seller Financing?

I just wanted to clarify the confusion on the status of the proposed Mortgage Reform and Anti-predatory Lending Act, part of HR 1728, which was passed by Congress on May 27, 2009. It was never passed by the Senate and has not been enacted into law yet. The newest version which incorporates the 200 pages [...]

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