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Updated over 4 years ago on . Most recent reply

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Johnny Garcia
  • Patterson, CA
1
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11
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Seller finance opportunity

Johnny Garcia
  • Patterson, CA
Posted

Hello everyone! Have a question when it comes to seller finance. How do you calculate how much a seller would end up paying in taxes, closing cost, agent fees, etc. if they sell their house on MLS in California (Modesto Area) on a house worth $300-350k (as an example)? Just finished reading ‘Investing in Real Estate With No (and low) Money Down' and read about a deal on the tax benefits She/He would get from financing the property themselves rather than taking all as a lump sum. How would one calculate the benefits of seller finance rather than selling it on MLS?

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Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
872
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1,033
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Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
Replied

;list=PLfxhTHZ1ho4JjO_-6qz-pNcKlArtonQoz&index=72&t=544s

This video briefly goes over it. I need to re-watch it myself. I hope this helps!

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