The Investor Insights

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 [...]

So, now HUD is proposing legislation that eliminates all seller financing unless it’s on the seller’s primary residence or s/he is a licensed mortgage originator. *sigh.* As you know, I love seller financing. I have used it extensively to buy and sell residential and commercial investment properties. So, announcements like this really get me steamed. [...]

I just got this message from a fellow real estate investor and I think it’s important to share it with my readers so you can take action if you feel the need. I personally believe that even if it passes it WON’T be the death of seller financing. It just means that there will be [...]