Using owner financing with professional flippers

[Mark Linder]

I am looking for advice on a potential deal. I am currently bidding on my first buy and hold house. This house is going to cash flow great and there is no chance that I am backing out of this one. In the meantime, I have been presented another house that was bought, flipped and has been sitting on the market for a year now. I dont necessarily have the funds to buy this house too but I was thinking I could offer to buy using owner financing. The guys that flipped the house do this for a living so I dont know if they would be on board with a owner finance but I figured since its been on the market for as long as it has why not try. I am trying to figure out what kind of numbers I should be offering them to even entertain the idea of agreeing to this. The house is selling for 69900 and has the potential to rent for between 850-900 a month. I could probably scrape together 5-10% of the amount if needed. Very little work will need to be done on my part so no additional funds are needed for this. Any thoughts/suggestions would be much appreciated