Is it possible to seller finance a commercial income property?

Sell or purchase with contingencies that require the buyer/seller to cooperate with your search for a suitable replacement or to wait for your sales before scheduling closing.   

This means spending your first minute to contact the seller side (i count this because for me my time is money) to earning your last dime.

I also just observed how he chose tenants, how he responded to sellers and how he negotiated.

And you're absolutely right rental on schedule E is so much easier to use to demonstrate intent.Your biggest challenge is the fact that putting your parents in there is very easy to interpret motives not investment making it personal property and not investment property. 

Thanks BP community:Earlier this year I found a 7 unit converted house, submetered gas and water, fully rented, stable market just received marijuana plant with 130 jobs, and have a 72-year-old motivated seller who is unloading some of his properties as his children don't want them.

Do you actually know the seller’s current interest rate on the 1st mortgage that you are interested in assuming?

I finally found one where I've made an offer and the seller accepted (a few days ago) I just want to double check that you guys think this will have positive cash flow.

You need to clarify.....first you said that you seller financed....now you say “the bank is foreclosing” ?????

I'm getting into a seller financing deal with a lady in Ohio.