I’ve been negotiating seller finance options for the past 3 months, trying anyway to get this closed.

The seller has lowered the price by $50,000 so far.Thoughts? 

Hi Pedro, with that much liquidity, I would look at buying a short term rental or rent out your current house and buy another.

For anyone who cares about STRs in Colorado, I just learned that Boulder County earlier this month passed new short-term rental regulations. 

I put together a 'short list', but please feel free to propose markets not listed!

If you haven't already, a professional eviction service might offer additional strategies for dealing with difficult tenants and can coordinate with law enforcement to ensure safe access for inspection.Hiring private security for a short period post-eviction can help ensure safety.

I like the idea of just doing a DSCR loan though like Michael suggested.Some other things to consider:Will the seller of the second property take a short term note for the balance of the purchase price after you eliminate the debt on it?

That's a state-tenant issue, not an illegal immigrant issue.More illegals, and more net population with a housing short means net higher house prices.

Now the great thing is that you can also use the other units rents to help qualify if your coming short on income to qualify.

Send me a message and we can schedule a short phone call and I answer any general questions you have and hopefully get you going.Another option is go to one of your local auctions and talk to people bidding on properties.