Sub 2 deal

[Albert C.]

Hey BP! I have come across a road block. I had someone helping me in a Sub 2 deal but haven't really heard back from the person. Heres my issue the property, the owners currently owe $40,000 and want $60,000. The property has 2 houses in it 1 with a single family and the other they have it set up like a duplex. Gross income for all 3 rents is $1350. The loan every month is $345 and they pay 8% interest. The owners did state they at least want $5K down. What can I do next? What would you do in this situation? Thank you all for any advice you may have.