Hello all,

I am currently running a business in NJ that I would love to own. The absentee owner, (a few years back) asked if I would like to purchase the business in a few years. Two years ago she no longer wanted to sell. She again this year asked if I wanted to purchase in five years. I would love to buy but she is not consistent so I can’t imagine waiting around five years for her to change her mind again. I was thinking of writing up a letter to suggest seller financing to try to get her to commit to selling and to do so a lot sooner than five years. 

A few things that might help understand my situation:

1) I live on the property. House is part of the commercial property and part of my income 

2) she is absentee so saying she would have more time to herself wouldn’t be something I would say because she is never here anyways

3) paying less taxes is a big thing for her

4) she wants to wait five years so she hopefully has enough money to retire (this depends on the market though) 

If anybody has any ideas I would greatly greatly appreciate it.