How do i close this deal??

[Remone R.]

I met a lady and her son that own roughly 11 properties throughout the city approximately 40+ units in their total portfolio. They've managed these properties for some years now and are looking to sell them all and retire in the near future. Some of these properties are transitional housing that they are in the process of converting over to "regular" housing. Me and my fiancee just bought a four unit property 6 months ago, but obviously want more properties in the future and this seems like the perfect opportunity to capitalize on. We mentioned speaking with her and discuss her possibly selling us her portfolio at some point, some how. She said we can discuss it as long as its done the right way using attorneys. She was very nice and offered to give advice and connect us with people to help us with our property.  Now being we've just purchased our first property and don't have much capital (especially to purchase this potential portfolio) we are not sure how to seal this deal, such as financing options etc. Ive read about different financing options such as seller financing but are clueless. I know not having any financials doesn't benefit much, but i wanted to get a jumpstart with some ideas how to approach this before our meeting...Any advice?? much is needed

[Mateusz Prawdzik]

@Remone R. Hey Remone, looks like you scored big and you're 100% right by saying that you should capitalize on it, especially if you'd be getting the properties at a huge discount. What you have to try and find out, is exact details for every single building that she has. From there, determine a price that would make sense to purchase one at a time and factor in a discount because you'd buy all the properties over a period of time. With that being said, try to talk to seller and ask if she would be willing to sell the properties over a period of time. How you  structure the deal all depends on you and the seller, you can even ask to manage the properties for her if she wants to retire and collect a portion of the profits (fee) until you have the capital or the lending power to purchase the property out right. The GOAL is to figure out a  structure where they don't have to work and still make money. They want to retire but I am sure they are not in a desperate need of money right away, so just structure a way where you make money and over a period of 2-5 years you buy out their total portfolio. Because at the end of the day, if the deal makes sense finding money to close the deal won't be hard, because there are tons of people that want to do nothing and make money on their money from lending to you.