8 Unit apartment complex - What I need to know going in.

[Nicholas Armstrong]

Hello everyone!

I have a potential deal in the pipeline. A local investor is selling his 8 unit complex that he has had for over a decade. I have mentioned seller financing to him and he is interested in talking about it more. We will be meeting for lunch next week and I just want to make sure I have all the information needed before sitting down with him.

• This is actually two 4 unit complexes on the same lot so would this be considered a commercial deal? 
• What's my best bet in convincing the seller he should finance the deal?
• What are some questions that I should ask the seller during our meeting?
• What are some creative ways to structure this deal without completely liquidating my capital?
• Any pointers for my first multi-unit deal?

Any help would be greatly appreciated. Thanks!