Seller financing options?

[Brenna Crowe]

Hi!

We may have found a great multi family unit. The owner owns the property free and clear but says that if she was going to do seller financing, she would do it with a friend of hers.  Any tips on what to say in order to have her work with us? Is there anyway that she could just seller finance half of the deal and still use the 1031 tax exchange?

[Brenna Crowe]

@Dave Foster this is so helpful, thank you! So they would have to use money from somewhere else for the note? Then we pay them into that account so it’s tax free? Sorry this is the part of real estate that trips me up haha