That's right.  Sometimes, real estate owners believe that their property is not an asset but a liability.  Ask the seller to write you a check to take the property.  If their answer is "how much?", then you might just get a free house - and cash.  This technique works more often than you think, especially when the numbers are tight.  You never know until you ask.

39  Seller Participation

You may be able to acquire real estate with your future profits, and no time machine is necessary!  As a down payment, give the seller a written pledge to assign all or a percentage of future cash flows for a period of time or a percentage over $X if sold.  "As consideration, buyer hereby pledges to pay seller 20% of net income from the Property for the next 3 years."

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