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Updated about 6 years ago on . Most recent reply

User Stats

37
Posts
27
Votes
Jesse Houser
  • Real Estate Agent
  • Mansfield, OH
27
Votes |
37
Posts

Negotiate for Seller Financing

Jesse Houser
  • Real Estate Agent
  • Mansfield, OH
Posted

Hi all,

So I'm meeting up with the owner of a 6-unit of Friday to discuss purchasing the building from him. He's in his mid-80s and looking offload the property just in case any health concerns come up down the road, and he's not able to take care of it/sell it then. He owns the building free and clear. Every time I've talked with him, he's expressed that he's not really interested in seller financing but always references back to times in the past when other people have offered to buy it using a land contract.

Does anyone have any ideas to try and get him to open up to seller financing? I have some ideas in mind but always think it's helpful to pick as many brains as I can.

Thanks!

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