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Updated about 16 hours ago on . Most recent reply

Kraig Hayes's profile image
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Kraig Hayes
  • New to Real Estate
  • from Chicago, IL
  • Member since Sep 2, 2020
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Kraig Hayes's profile image
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Kraig Hayes
  • New to Real Estate
  • from Chicago, IL
  • Member since Sep 2, 2020
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Kraig Hayes
  • New to Real Estate
  • Chicago, IL
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Creative Real Estate Financing

Seller Financing Interest Rate

Kraig Hayes
  • New to Real Estate
  • Chicago, IL
Posted

I've been looking into seller financing quite a bit and I see Pace Morby is getting deals with 0% interest. When I Google it, it seems that there's a certain threshold that the interest rate must reach in order for the seller to not be penalized on their taxes.  Just looking for some clarity on this.

  • Kraig Hayes
    • Chicago, Illinois
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    Chris Seveney's profile image
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    Chris Seveney
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    Chris Seveney
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    ModeratorReplied

    It's called AFR

    also I can tell people that I get negative interest rates - just because someone says something doesn't mean it's true or the whole story. I have seen people pay $300k for a $200k home because it had lower interest rate... 

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