Absolutely not! House Bill 1728: Mortgage Reform and Anti-Predatory Lending Act, has really made some investors very nervous, but don’t believe everything you hear. There have been many complaints about how this newly passed bill will eliminate owner-financed deals to once every 36 months. Nowhere in this bill does it state any such thing. Bill 1728 simply reforms the definition of the “Truth in Lending” law so that owner financed deals are included. The bill is really common sense in that your owner financed deals should comply with RESPA, federal rules and disclosures, and of course, qualify your buyer. So all in all, this bill is really nothing to worry about. But, as always, make sure to read it yourself!