Owner financing dodd frank and the safe act

Also, when you are beyond the 4 deal limit, you must not only prove ability to repay, you must DOCUMENT it. Tax returns, W-2′s, bank statements – the works. Thus, if you have a self-employed person who looks broke on paper but has 30% cash to put down, you really can’t document his ability to repay (suggestion – lease/option for 2 years, then convert to a owner-carry sale).