Best Creative Financing

[Cynthia Hughes]

Motivated seller offers me his fire damaged 23 unit multi family property in a not so good city in Arkansas for $225K. He has repair bids at $425K including roof. The ARV of this property is $925K and the housing authority is willing to pay 110% of the rents. There is also a new casino coming to the city less than 2 years from now that will bring 1000 permanent jobs.

As a newbie with no money and not so good credit, what is most creative financing I can use to acquire this property.

Thank you all in advance!