Aging On-market Rental, Creative Finance Pitches

[Blake Collier]

There’s a rental in my area that’s been on the market for almost a year.  It has great bones and I’d love to approach the owners with a creative finance option.  Current value is approximately $500K and from the tax records I estimate they own $125K.  What’s the most effective pitch to purchase, fix, flip, refi as a personal home?  Thanks in advance BP community!