All Forum Posts by: John McRae

@Roy N.

I should have been more clear.  The other 1/2 of the building is not a partner.  The building is split with 2 separate owners.  I am looking to purchase the 1/2 I do not own.  

Was hoping to show the seller the benefit of financing the property to me.

Been a long time listener to the BP podcasts, but just getting started with the forums.  I am a real estate investor in the Seacoast area of New Hampshire.  I currently own a multi unit in Dover NH and am interested in acquiring a few additional multi's.  I also have a property in the vacation rental market and have been doing homeaway/airbnb type rentals for past 12 years.

Looking forward to joining the community on the forums.

I am in process of putting together an offer for a multi unit property in the seacoast area of NH.  I currently own 1/2 the building and another party owns the other 1/2 which I am looking to acquire.  I would like to approach the seller with an option for him to owner finance.  He is close to retirement and I suspect he might be interested in a monthly income vs. a traditional sale, where he will likely be taxed on approx $800K gain.  Does anybody have any models/spreadsheets that could help me lay out different options, potential savings to him, etc.  

Thanks