Best way to structure this deal?

[Ryan Young]

I have found a property that I am very interested in. I called and spoke with the listing agent and she told me a bunch of info that I probably didn’t need to know. Long story short, the seller is about to go into foreclosure because she can’t make her payments and she just wants to sell the house for her payoff amount. Is this the best time to go in and see if she is willing to offer seller financing? I have cash, but not enough for an entire purchase price. Will have to go the conventional 20% down payment route. I recently just purchased my fIrst investment property last month usIng a conventional loan (20% down) so I would like to save my cash as much as I can. Just would like to hear what you guys think about this scenario. Listing Price: 79,900 Potential Offer (her payoff) Price: 70,000 Estimated Appraisal: 80,000 Rent: 850-900 Looking forward to hearing any of your input