7 Units Motivated Seller

[Anthony Henderson]

Hi BP I have a hot lead from a motivated seller for his 7 unit apartment building. I have done several small rehabs, some wholesale and a would very much like to apply no money down investing skills to secure this deal. Does anyone have any suggestions about how to structure this deal w/ no money down. Heres the numbers 

Front house - 4 bedrooms -  2 baths $1600p/m

Rear house 3 bedrooms 1 bath $1300

(4) - 2 bedrooms -1 bath $1200 x4

(1) 1 bedroom - 1 bath $1000

Total rents $8000 p/m the guy owes less than $500k he bought the property in 2006. His original asking price was $850k now he's ready to negotiate. I have a lender to finance up to 80% of the PP and likely need seller financing for the other 20% and closing cost. I would like to create a win-win-win for the seller, tenants and myself where I get ownership and control of the asset. I do have some experience with tenants and property preservation and maintenance.  Looking for partners and advice. BP please help thanks. Let me know if there are any further details that would help.