Looking to Owner Finance and Partner With Owners on a Flip?

[John Clark]

I've found a property that is owned by a couple of flippers. From what I can find in the records, they bought the house almost a year ago for $44k and it has been sitting vacant for longer than that. ARV from what I've calculated is is around $105k. This property has a lot of rental potential and I'd like to BRRRR the house. Since the house is sitting empty, not making them any money I'm looking to approach the deal with them owner financing the house and I pay for the rehab. However, with them being flippers I'd also like to include them in the deal as a teaching partner during the flip. I still want to do the sweat equity so I can learn.

So I guess my question is, how is the best way to approach the owners to not only sell me the house, but to partner with me?  and what would be a high level way of structuring the deal?