Convincing a Seller to consider owner financing

[Wesley Hoover]

I have a seller who is looking for 575k on a property, but he only wants it in cash. I have a buyer who is willing to go 500k 10% down, 30 year 5% APR with a 5 year balloon loan. The seller will be getting more than what he is asking. He is older and doesnt want to wait 5 years to get his money back. What is a good financing strategy to meet in the middle here?