Changes to Frank-Dodd Act to release stress on lending

US Treasury suggests changes in the Dodd-Frank Act which will affect housing, lending, investors, and sellers. The report came out Monday, October 9th, 2017. The Dodd-Frank Act (2011) squeezed out much of seller-financing, individual lender financing of mortgages. Today individual investors are hoping for reform of the Dodd-Frank Act. Reports are coming out from the … Continued

This Old House

This Old House Made Me Want to Run I bought this old house in March, and began demolition on it in April. We are in on this house a month and the going is slow. I haven’t been too worried about the time because I bought it on 100% owner financing at 0% interest. The … Continued

Investing in Working Class Real Estate

In his recent article Here is How to Find Market Deficiencies, W. Eddie Speed, owner and president of Colonial Funding Group LLC, breaks down how investors can safely make a profit from distressed assets. Speed says that many properties are undervalued.  “How could you look at that neighborhood and say it’s (the property) only worth … Continued

What is Seller Financing?

Before there were banks, there was Seller Financing. It’s as old as the Good Book. So what is Seller Financing? When a seller allows a buyer to make payments over time for the purchase of property, it is known as owner financing or seller financing. This form of private financing can take the place of … Continued