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Updated about 4 years ago, 11/13/2020
Where can I go to become a seller financing pro?
Hey everyone!!
I am really excited right now because I've connected with a seller for an off-market deal and we're getting really close to an agreement. He's already indicated that he's open to seller financing, and I know what terms I want to make the deal work.
BUT
Where can I go to really find the technical details on how the deal needs to be structured? What taxes will the seller pay, and when? I'm planning to offer interest only for 3 to 5 years with a balloon payment at the end, and I want to make sure I can explain it properly.
Can anyone recommend a good book or course? I've already listened to lots of youtube videos and podcasts, but I really don't need the hyped up overview anymore.
Thanks!
Alex