Alternative options for seller, to close the deal!

[Edgar Butler Jr]

Looking for strategies to purchase a potential property. Seller not looking to make any money and just wants to get rid of the property due to being out of state and dealing with some personal things. Property was inherited through sisters passing. Owner owes $92500, home worth $115000 to $120000. Currently rented at $1075 with monthly mortgage of $780. Rehab costs with no renter would be around $5000. Payments are current. The owner did mention they want to eliminate being responsible for the mortgage. Looking for some options I could present to the owner outside of getting conventional financing.

[Edgar Butler Jr]

@Mike Cumbie I think the sister refinanced the loan into her name but I'm not 100% sure. I will definitely check to see if assuming the loan is an option if the sister didn't get it refinanced in her name. Thanks Mike!