Hi everyone,

I've come across a situation where I met a very elderly gentlemen who owns quite a substantial portfolio of commercial properties.  His is widowed and all his kids have no interest in his business.  Not only that but they are scattered all over the US.

He has offered to sell his portfolio to me for $5.5 million.  The numbers make sense and the properties are solid.  He has even offered to seller finance 1.5 million.  Seems like a dream come true!

Now here is where I get pinched and wake up to reality.  I have bought multi family buildings and whenever I approach my lender about seller financing the answer is always 
"Can't do it. The banks don't like it.  I know banks don't like it but is there a way around it?

Is there a way for me to get 75% financing and keep the 25% seller financing?

Secondly, I am a person who generally likes to help people.  I have listened to some of his stories and I am still trying to grasp what he wants to do with his sales proceeds.  He's in his late 80s and he tells me he just wants to sell cause he doesn't have much time left.

Anyone have a good way to structure this deal?