Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Benefits of seller financing
Owner financing is like a secret weapon for folks looking to sell their properties after hanging onto them for ages. Instead of selling your place outright and getting hit with a massive tax bill all at once, you play the bank and provide a loan to the buyer. This way, you get to spread out those capital gains taxes over time, making your tax bill way more manageable. Plus, you get a steady flow of cash from the buyer's payments, which can be super handy, especially if you're retired and looking for a consistent income stream. It's a smart move for both keeping more money in your pocket and making your property more appealing to a wider pool of buyers. What is your strategy when doing owner financing? Do you have the buyers assign the rent to you etc... Tell me about your experiences!