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Updated over 5 years ago on . Most recent reply

Steven Bays's profile image
Steven Bays's profile image
Steven Bays
  • Financial Advisor
  • from Cincinnati, OH
  • Member since Jun 16, 2019
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Steven Bays's profile image
Steven Bays's profile image
Steven Bays
  • Financial Advisor
  • from Cincinnati, OH
  • Member since Jun 16, 2019
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Steven Bays
  • Financial Advisor
  • Cincinnati, OH
4
Votes |
28
Posts
Creative Real Estate Financing

What to ask for owner finance

Steven Bays
  • Financial Advisor
  • Cincinnati, OH
Posted

Other than asking terms for owner financing, have you all had some other great questions for possible for sale by owner scenarios that helped the conversation?

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Derek Dombeck's profile image
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Derek Dombeck
  • Real Estate Consultant
  • from Wittenberg, WI
  • Member since Dec 20, 2014
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Derek Dombeck's profile image
Derek Dombeck's profile image
Derek Dombeck
  • Real Estate Consultant
  • from Wittenberg, WI
  • Member since Dec 20, 2014
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Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
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572
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Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
Replied
I like to ask about their tax consequences from the sale. If they have a large tax bill coming, I will structure the terms differently than if it was their personal home and they will have a tax free sale due to IRS code section 121.
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