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All Forum Posts by: Brandon Rodriguez

Brandon Rodriguez has started 10 posts and replied 12 times.

Post: Owner finance deal include taxes?

Brandon RodriguezPosted
  • Chicago, IL
  • Posts 18
  • Votes 2

Hey Everyone,  So I am considering about making a offer for seller financing to a owner. Pardon the newbie question but when I make those monthly payments on the agreed terms, within those payments are taxes included? So example if taxes are $500/month do i include what I'm going to pay the owner monthly on top of that $500? Will I be taking over the tax payments? What is everything I need to take into account when formulating a power finance deal.

Thanks!

Without considering taxes

Price: $100,000

Amortized: 20 years

Monthly: $416

With taxes

Monthly: $916

Post: Seller financing deals

Brandon RodriguezPosted
  • Chicago, IL
  • Posts 18
  • Votes 2
Hi everyone, I was just curious when negotiating a seller financing deal. The monthly dollar amount you give to the owner, does that include taxes? What are the owner be paying the taxes? So an example if taxes are $500 a month and I agreed to give the owner $900 a month is the 500 included in the 900? What are good ways to seal this type a deal? Are there any tips in regards to sweetening the deal? I would love any type of feedback from anybody that has experience in this. I look forward to hearing from everyone.......................