Strategies for owner financing contract

[Jennifer Anderson]

Greetings BP community!

Thank you for your time, I know it’s valuable.

What can I bring into an owner financed deal without cutting my own throat?

I’d like to approach my landlord about buying the property. The property is very desirable and will be commercially developed eventually. He’s asking just over $1M, in the range of market value for the location. A large nation wide builder has two new developments on either side of the property and would love to finish off the area. I have $100,00 and I love my house. It will surely be torn down if sold.

What can I bring to this offer that will be beneficial?

Offer the $100,000 down and a percentage of the profit in 5 years but pay taxes and maintain the property?

Get it under contract and try to develop it myself?

I know I need to bring something very beneficial to the table for him to entertain the possibility of carrying a contract.

Who should I approach with these questions?

Thank you,

Jennifer