Seller finance offers/balloon payments…How to “sweeten the pot”

[Courtney Olson]

Good morning,

There is a home I’m interested in for a single property investment: 

Ask 160k, prob rent 1300/month , Elderly owner prob owns free and clear

I’m not dead set on this home but I like the property and the location!  For me to make a traditional offer it would have to be very low to make my numbers work.  

I can qualify for traditional bank loan 20% down but I’m exploring making two offers of traditional and seller finance. 

I would love hearing your thoughts and experiences in how to negotiate and what are the best options to sweeten the pot in a SF deal.  

I.e Balloon payments, interest rates

Thanks,

Court