how to approach a lender with no money!

[Shannon Webb]

Ok guys! I am just going to be straight forward and would love it if you could tell me if this is possible:

I am looking to sign a master lease with a seller, (if he agrees) at 3000.00 a month. There are 8 properties in total and currently 5 of them are renting out for at least 550.00 a month (2750+). One of the properties is worth 975.00 a month in rent and was recently vacated in January due job relocation. The house is beautiful. The seller doesn't doesn't want to rent it out as of now because he is looking to exit REI altogether, which is where I come in. I want to take over these properties and make this situation a win win for both of us, especially due to the idea that his numbers for buying the properties outright are outside of anything an investor would want to pay.

So here is my question:

I want to be able to offer him a down payment in the amount of 3000 and have 2000 put up, in case of emergencies to begin with. All in all, that is 5000.00 that I would be asking a lender for. My credit is not good, and at the current time, I am struggling to make ends meet in my own household. BUT the money for the loan is there, even at 13% interest! I am totally prepared to take this on, while I continue to wholesale, but I need to know, WOULD ANYONE be willing to loan to someone like me with this type of opportunity in front of them?

I'm going to meet with my seller in the morning so I would love to know if this is possible.

Thank you so much in advanced!