Can you help someone with no equity?

[Cameron Price]

I have a friend who desperately wants to sell his house. He has moved out of town and is still paying the mortgage on the property. It got me thinking about ways to help.

Home value is around 180K. Mortgage balance is the same. i think his payment is around 1200/ mo, and rent in the area might go for 1500/ mo. How could you structure a deal to help someone in this situation?