Posted by JPiper on November 25, 1998 at 11:32:42:
Rather than to come up with a preconceived notion as to how YOU want to buy these properties, I would sit down with the two sellers (separately) and discuss their situation with them. While a lease/option may work for you, it may be that there is some other alternative that would work better for them, and still work well for you. You’ll never know until you talk with them.
The goal of this conversation should be to ask questions, listen. Right now it’s impossible to tell whether there’s anything to do here or not. And you have created a difficult situation for yourself if you have decided that you WANT the property to live on…you don’t have the precondition that must exist before you can create a truly great deal for you, that being detachment.
Naturally, if one of the sellers agrees to something that makes sense, you should tie it up subject to obtaining the other property. Then talk with the other party.
Talk to these people at length. Question them. Don’t be in a hurry. Talking in person is better. Listen. Repost when you have more details such as values, what the sellers need, etc.