First time investor looking for help!

[Brandyn Dietman]

Hey all! I've been doing my research on a property in Door County, Wisconsin and am getting ready to take it to the next step by meeting the two owners. It is a mixed use commercial/residential property with lots of potential. I have seen the books and the numbers make sense. Only the commercial portion of the property is currently being utilized and the two residential portions are vacant and in good shape, only needing minor cosmetics and a good cleaning!! I am working with a financing broker and we decided the best way to get the property financed was to do a minimum length land contract and roll it into a commercial loan. Like I said, I'm meeting with the owners and would like to see if I can get some guidance from anyone who may have done a deal similar to this before, get some advice on do's and don'ts, how to negotiate a fair, attractive, and mutually beneficial contract and anything else I can get from y'all!!! Thanks in advance and I look forward to hearing from you guys! Thanks everyone and happy new year!