Negotiating with the bank

[Anthony Kondor]

Hey Bigger pockets family were having a current issue where the current loan balance is 207,000 plus has a year of taxes and water bill . The total the seller owes is $220,000

Our goal is to sell the property to an end retail buyer for 220,000? How can we get the loan balance reduced with the bank ?

Any advice on negotiating loan balances with the bank ? We would like to get the bank to reduce by 20,000 or more the better .