Posted by David G. on October 10, 2003 at 15:42:15:
If hes serious about not caring about money, make him a low ball offer.
Maybe offer him, $750K via Contract for deed. 2% APR,
and state in the contract that you will make 1st monthly payment in 3 months. In th emean time you will start making repairs and be responsable for insurance, taxes, etc.
You can now sell for whatever you want offering owner financing whether it be L/O, CFD, or just a straight out sale. If youre afraid to scare him with terms, just talk to him again and figuer out what he is willing to sell for.