Seller financing, but not for investors?

[Tim M.]

BP, We are looking at buying a single family home available with seller financing. We would hold it as a rental property, which is what it has been in the past. The owner has not had good experiences with tenants and does not want to offer financing/sell to an investor since he will still be tied to a rental situation through this financing. He wants to sell to an owner/occupant. We are trying to come up with ideas to convince him it will be a great situation. We are professional property managers, we have a long successful history of buy and hold investing, we have great credit and sufficient income. What else should we be communicating to the seller? How do we convince him to sell to an investor? If we have to give on something, should we give on the interest rate? Down payment? Purchase price? What else? Thanks in advance for your comments!

[Brandon Battle]

Tell them to give you the seller financing you desire for the best price and highest interest rate you will accept and then sell the note to a note investor to remove them from the property entirely.