Funding for an Apartment

[Joe Santiago]

I am a wholesaler getting started. I recently came across a extremely motivated individual who owns an 8-unit apartment complex that rents at 600-650 per unit. He is old and had a major surgery that doesn't allow him the time to deal with stress and maintenance of the apartment. Other multi units in the area are selling for well over $100k and after speaking with him I got him all the way down to low 30's. After doing a quick and dirty analysis:

600*8(units)=4800

4800*12(months)=57600

57600*.5(vacancies, expenses, taxes, insurance,etc.)= $28,800 NOI

With the numbers looking like this I was thinking about keeping this one but have no idea about how to finance it. Any help on the subject with be most appreciated.