Seller Financing vs. Subject To Buy and Hold Negotiation

[Cassandra Sifford]

Hello BP! I'm working on a creative financed deal. It's a SF 4br/1 full bth / 2 half baths. The owner is willing to sell for $32k, but wants me to put down $20k and he'll finance the $12k. He'll deliver it with a clear title as he owes on a loan against the property (not sure how much). ARV is $130k-$140k and it only needs about $20-25k worth of work (or less). I've given him the option of Subject To and at 1st he was receptive but is now back to wanting to do the seller-financed deal. He was apprehensive at first because he felt it was one-sided in his favor. Does anyone have some good tips to help me persuade him into doing a subject to? I thought about increasing the offer price to sweeten the deal. I don't want to put that much down as I have a duplex that I'm interested in buying in the next month or two. Any insight is welcomed!

Thanks in advance ... Cassandra