Any advice leading into my first VTB offer/negotiating?

[Matt Goddard]

Hey everyone,

Just looking for some advice as I start the discussion with the sellers realtor about making a VTB offer.

[Victor Menasce]

Matt, I'm a developer and investor in Ottawa and also run the Ottawa Real Estate Investors Organization. Seller financing can be a great source of low cost capital for a project. The key is in finding a solution for a seller's problem. The Ottawa market right now is very hot and many properties are selling with multiple offers. Cash offers are even in the mix in many cases. But if the seller is looking for a way to delay a large capital gains tax bill, a seller financing, properly structure could defer the tax and provide an ongoing source of income for the seller, without the headaches and responsibility of owning the property. Where is the property located?