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Updated over 4 years ago on . Most recent reply

User Stats

45
Posts
18
Votes
Alexander M Stanton
  • Rental Property Investor
  • Boston, MA
18
Votes |
45
Posts

Where can I go to become a seller financing pro?

Alexander M Stanton
  • Rental Property Investor
  • Boston, MA
Posted

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

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