Found off market seller, how to proceed?

[Nathaniel J Mott]

My friends neighbor told me she would like to sell her house off market in the Raleigh area to avoid realtor fees. She seems to he okay with selling it below market value because there are some needed repairs (siding, deck, paint, carpet, seemingly easy stuff).

This house would probably go for $320-$350k totally renovated but I’d like to buy it as a primary residence an house hack.

I told her I can’t really afford $300k and she said she “wouldnt expect anything close to that” so I’m hoping she may want to sell for closer to $250k.

I’m just wondering what is the best way to proceed without an agent?

I know obviously to still get an inspection. Then can I just get a lawyer to create a contract for us?

She needs the money to buy another house. I was thinking about proposing seller financing but not sure if it would work in this situation.

What kind of terms would you try to negotiate? Sorry if I’m missing any info pertinent to the deal!