Does this mean if I can get the seller drop the purchase price down to $750k, I can essential get this property with no money in? 

So if your portfolio lenders can close quicker, and your seller HAS to have a quick closing because they are facing foreclosure....or whatever....then portfolio is your only option. 

If they don’t renew their leases I am considering going another route and offer seller financing.

Got motivated by reading "Rich Dad Poor Dad" and "Cashflow Quadrant," and I have a decent amount of capital to get going. 

balance is 150k  will pay them off in 8 years with an interest rate of 6.5%, my monthly payment is $1003.97 I have a 120k available and Im thinking of asking the seller if he will take the 120k, it will save me an extra 30k plus all the interest. 

I’ve had a few people ask about seller financing it, and I’d consider for the right terms.

So for instance, "I work with sellers who need help in selling their property fast.

You can do seller financing or get a private lender but likely either of those will be tough.

This highest comparable sale was 380K.Rather than dropping the lead I am looking for strategies in dealing with sellers who are not willing to sell at a number that makes sense.

These aren't deal killing delays but remember that you've probably got an impatient seller or two who don't care that your 1031 is delaying them.1.