Seller financing questions

[Brad Ernst]

Hello BP, had few questions about seller financing. I know some one that is getting out of the rental game and selling his properties, few last year and some this year. He hated paying those sold properties obviously. So what would it benefit him by doing seller financing? He's an older gentleman so he doesn't like the thought of managing anymore also. So he would still get monthly checks, I would be the Manager, but would he still have to pay taxes by switching the title into my name? Also what are some pro and cons of seller financing and some steps to start, thank you for responses.