Ever Seller Financed a property? Tell me about it!

[Charles Johnson]

Trying to learn more about seller financing!    Interested in hearing about seller financed deals you've done and how you've structured your deal.

Shoot!

[Cory J Thornton]

@Charles Johnson - we seller financed a building last year ... and the adjacent lot. The biggest factor in getting my deal seller financed was the seller's desire to avoid the big hit of cap gains. If the seller receives only a portion of the sale price annually, over an extended period of time, then they can fall into a lower income tax / cap gain tax bracket annually, and long term, keep more of what they made in the sale. 

For someone headed towards retirement, this also provides them with a consistent source of income over the course of the loan. 

If you want more details ... you know how to reach me. If you venture to this side of Raleigh, let me know and I'll by lunch this time!