Coach Carson | Seller Financing Secrets: Why Some Sellers Say Yes @CoachChadCarson | Uploaded October 2023 | Updated October 2024, 2 hours ago.
My new coaching & learning community, Rental Property Mastery is now LIVE.
Join us here: 👉👉coachcarson.com/RPM-YT
Why would a seller finance to you?
The first thing I'd say is that most won't. It can be hard to convince someone that they should do seller financing.
The sellers I've found that are keen on doing the owner financing like having this collateral that they know and are every familiar with, which is the house.
Being able to still collect the rent, that income every month.
The other big one is the capital gains. If they get cashed-out on $500k building, then that's $500k of income all realized in one year. As opposed to getting some of that down-payment in year one.
It might not put them up in the higher tax bracket right away. And then getting cashed-out down the road at a smaller sum can be beneficial.
My new coaching & learning community, Rental Property Mastery is now LIVE.
Join us here: 👉👉coachcarson.com/RPM-YT
Why would a seller finance to you?
The first thing I'd say is that most won't. It can be hard to convince someone that they should do seller financing.
The sellers I've found that are keen on doing the owner financing like having this collateral that they know and are every familiar with, which is the house.
Being able to still collect the rent, that income every month.
The other big one is the capital gains. If they get cashed-out on $500k building, then that's $500k of income all realized in one year. As opposed to getting some of that down-payment in year one.
It might not put them up in the higher tax bracket right away. And then getting cashed-out down the road at a smaller sum can be beneficial.
