Help with a Motivated Seller - 4 Family with Equity

[Brett C.]

Hi Everyone, I need help identifying a strategy for a deal I'm trying to pin down. I have a motivated seller with a 4 family. They have just a handful of years left on a 15 year mortgage, I don't know the exact amount they owe but I can ballpark it and they've got strong equity. What strategy can/should I use? I'd like to do a seller financed deal but they still owe money. I think the seller primarily wants to cash out completely, HOWEVER they have a sizeable portfolio of investment properties and I think they would be interested in a situation where they get out of the management of the property and I work out financing with them to where they just collect, similar to a seller financed or lease options. I'm closing on a SF in a couple weeks and I don't have a lot of money to put to put down. I'm stuck guys, please help. If they owed nothing I believe they would happily do 10% down and seller financing for the balance but they don't own it free and clear yet so 10% won't even get us the deed. Thanks for any advice or even pointing me towards literature/books with strategies that could help would be appreciated.