Another seller financed opportunity - deal structure
BPers,
I received another call on a few mailers I sent out the other day regarding a 4 unit property near me. The gentleman is interested in selling, but he's concerned about the tax implications and that he'll owe a large chunk of money if he sells. The property is in good - above average condition, it's not a "motivated" seller, but more of a market rate deal which still cash flows decently.
Market is around 265-285. He said his neighbor offered him 300, but again, he's worried about taxes. Any suggestions on how we might come to some agreement are welcome. Please let me know if I can provide any additional info.