This money will go into a savings account for future needs and I will come out of pocket around $500 a month for the remainder of the mortgage.

Lance, I'm not "blabbing" because I didn't offer any details but I am looking for serious and constructive input from experienced investors as to how I could honor the seller's request while at the same time quietly market the property to qualified investors, after all, he wants to sell his property.Seriously, isn't bigger pockets a forum for investors to exchange ideas, and information?

Hey Bigger Pockets members,My wife and I live in Mesa AZ and are hoping to get into the real estate business for our long term retirement. we have time on our side as we are 26 but there is no reason not to start now.

Now I agree that it's not a perfect deal, but if I can secure it with low money down and seller financing, I feel like it would be excellent to spend a couple bucks out of my own pocket each month (if I even have to, since I run my numbers so conservatively) to have a multifamily property that is entirely paid off in 15 years.

Bigger Pockets has been a big driver towards these successes and I'd encourage everyone to stick with it and take advantage of BP.

Eric Jennings Welcome to Bigger Pockets!

I am so very happy to have found Bigger Pockets! 

Hi Bigger Pockets Community.

For simplicity sake, you are out of pocket -$85k up front but receive +$75k on the cash out refinance which brings your net cost on the property to $10k BUT you still have $25k equity 'banked' in the property!

Sorta defeats the purpose of an investment in my opinion.You could end up with close to 50k in your pocket.