(lower PITI) Get cheaper property taxes - argue with county with a Property Assessment Appeal that your home is worth less than what they appraised it for, thus lowering your property tax burden (portion of your mortgage payment)4. 

They owe $286,000 on it.

However, since you already filed 2021 and 2022, the adjustment will be happening on your 2023 taxes.

A rental pays no self employment tax. 

It will take me 2.5 years to recoup the cost without taking into account tax benefits.

We are doing everything we can to hold off until then but with the increase in taxes, insurance, and debt; it's really getting difficult to be able to wait it out.

@Gavin JexSo you want a bank loan and then seller finance as wellA bank would not be in second position so they as the owner / lender would be in second.Also 0% they would still be responsible for taxes on that at AFR so if your payment is $300/mo the loan would go off federal rates so they would essentially have to claim around $5k in interest income which would be ordinary income so they may end up paying all of your payment in taxes… just fyi if they did speak with someone on thisSounds like a steal if deal for you

I will pay the monthly on the note and the taxes.

Cost of labor has gone through the roof, as with materials, property tax, insurance, and even utility cost.

Presumably someone does your tax returns, ask them.