How to sculpt a good deal - Sub-to or Hybrid

[Zachary Chrisman]

Hi all, I have to potential deals with motivated sellers and trying give them a couple options for cash or creative financing. They are open to creative.  Can you help me identify if these are good creative finance deals? 

Deal 1. Asking 75k but bottom line is 50k. She has a young 5.25% interest rate at $513 /mth payments. The property needs around 40-60k to make new again. House is worth 140k conservatively once fixed up. Once fixed could rent for 1500-1700 /mth. How do I close this deal with favorable terms?

Deal 2. Seller just wants out ASAP. No equity in the property, young mortgage at 8.5% owing 155k. Property needs 84k worth of renovation work to make new with an ARV of 215k. Property could rent for 1500-1900 depending on quality of renovation.

Love any and all thoughts on how you guys would take down these deals. 

Cheers,