I would like to connect with all real estate investors, but as a wife and mother I love to connect with other women who balance home life with a real estate life.

Where is the balance?

You have to balance the extra cost of keeping the property vacant (and the greater risk that it will be vandalized when it is vacant) against the probability that the situation will soon be resolved.

There is no issue with funding more than a sale price, the balance remaining is cash to the buyer.

But the seller was firm on his price ($1.4M), yet he did agree to let me take over payments of the existing balance ($990K) and he would carry the difference with no interest or payments until I can cash him out.Upside: The seller purchased the property over 10 years ago for $1.4M and has never increased rents, fill vacancies, or off-set expenses to improve the value and Net Operating Income.Exit Strategy #1: Buy & Hold.

I have purchased with seller financing with $10k down, and seller carries the balance for as low as 4.5%.

If you know an approximate rate on the property and the term of the loan you can use a mortgage calculator with an amortization table to see where the approximate mortgage balance would be.  

That could be balanced out by the peace of living there.

Now I have absolutely no information if there is a remaining balance for this line of credit.

In this case, if any negotiating were possible, I'd offer a check for 25% of the loan balance and ask for a short term note on balance, even 5 years would be fine.