What the Dodd-Frank Act Means for Vacant Land & Seller Financing

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0:00 - Intro

4:41 - Regulation Z Overview
http://www.ecfr.gov/cgi-bin/text-idx?...

14:05 - Regulation B Overview
http://www.ecfr.gov/cgi-bin/text-idx?...

16:40 - Regulation X Overview
http://www.ecfr.gov/cgi-bin/text-idx?...

19:02 - Regulation P Overview
http://www.ecfr.gov/cgi-bin/text-idx?...

26:25 - Regulation N Overview
http://www.ecfr.gov/cgi-bin/text-idx?...

Back in 2010, President Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection Act (commonly known as Dodd-Frank) into federal law.

This legislation came in response to a massive economic downturn, which was partially fed by the irresponsible lending practices of some, which ultimately led to a great deal of financial hurt for many.

At the time, many people in the real estate investing community started recognizing that this legislation was going to introduce some significant new restrictions that would cause major issues with their ability to sell properties with owner financing.

I still remember seeing forum discussions, blog articles, emails and social media posts from people who were FREAKING OUT about these changes, because for many of them, it was going to add some big new restrictions to the way they were doing business.

Around the same time, I had to wonder how this legislation would affect my business. As a land investor, my real estate investing activity was a bit different than most real estate investors, and I remembered hearing from most other vacant land investors that Dodd-Frank didn't apply to raw land transactions the way it did to 95% of the other real estate deals.

After reading up on it myself, I found much of the same thing. It seemed like there were a lot of exceptions that specifically excluded vacant land from all of the new cumbersome rules that Dodd-Frank brought into the picture... but it wasn't until just recently that I decided to dive much deeper into the fine print to understand the issues the best I possibly could.

In this video, I will give you my purely NON-LEGAL opinion on what Dodd-Frank and the associated regulations have to say about transactions involving vacant land and seller financing. #sellerfinancing #ownerfinancing #realestateinvesting