Seller Financing Guide | Should I Offer Owner Financing and How Can I Stay Out of Trouble

Owner Financing & Note Investing Podcast with Dawn Rickabaugh

Jeff brings up a good point here... attorneys, title companies and real estate brokers might know how to walk you through the mechanics of a seller financed real estate transaction, but unless they actively buy mortgage notes for their own portfolio, they don't know how to help you put the deal together in a way that makes it the most valuable... they have NO IDEA what your note would sell for on the secondary note business market.

Loan originators and licensed servicers also can have insight as to specific compliance issues, but first you have to know if seller financing is even for you.

First step: based upon your goals, objectives and unique personal circumstances, I will help you decide if owner financing is for you, if your plan is solid, or will end up costing you thousands. If you might need money sooner than later, we can set you up to sell your note for minimum discount while still helping you keep your own private pension and passive retirement income.

Second step: have an attorney in your state provide boiler plate documents. Then I will review it and make sure the numbers are right, and make sure special clauses and terms are inserted that will give you every advantage.

Third step: double check for compliance with the interest rate you are charging, late fees, and other things that make your note water tight so you'll never find yourself standing in front of a judge, or facing a steep fine.

Make sure to get these note business insider tips, and pick up a copy of my seller financing course for landlords and other real estate sellers: Seller Financing for Power, Peace and Profits.

To join live and ask your own questions or have your own situation analyzed, be sure to subscribe over at NoteQueen.com

To register for the next upcoming seller financing live call, Property (real estate) & Paper (notes) visit: PropertyAndPaper.com! And visit the Note Queen store to see what we have to offer:

https://notequeen.com/shop