You are perfectly positioned for a technique we commonly refer to as bridging.

The key is to make sure there is a positive cash flow as it is now.

Not following such practices can put a seller in a position of predatory dealng.

The seller's putting you in the position where you have no other choice.

I have two SFR that I purchased in 2004 with positive cash flow.

I'm normally a positive person, so don't let my sob story above deter you from contacting or meeting me!

If I was in the position it sounds like you're in I would do this.1) Lower the offer to 35K seller financed and she is no longer responsible for the taxes.

bank has 'babysat' since.55pads, 10 rented at 230/mo each. 45 vacant. monthly after expenses 400 under current 2300/mo collections.bank wants 250k or 20pct down to finance.the current numbers dont support. not positive community will rent the spots with flood so recent and serious in their mindsbut, it may be a deal w the right offer. ideas?

I can't see people's body language on the phone or in emails.

If you ever find yourself in a position to learn from or interact with this powerful woman do it!