Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

24
Posts
3
Votes
Drew Brock
  • Northport, AL
3
Votes |
24
Posts

Newbie seeking advise on owner financing

Drew Brock
  • Northport, AL
Posted

Hi,

I been looking into taking the plunge on a property.  I have come across a possible deal that I may try to obtain via seller financing.  The person inherited the property and doesn't owe anything on it.  He has expressed that he doesn't like the fact that the money will get taxed heavily.  My question is, if I line up a seller financed deal and explain that this will ease the tax burden but then I sell after a year or so, does that in turn put him in the same spot as if he would have sold it traditionally to begin with?  I am not trying to be deceitful, just curious if this is not a good way go about obtaining this property. 

Thanks!

Loading replies...