Which method should I use?

[Nate Downs]

Hello All, I currently have an offer in on a single family home that has been repossessed. The offer is 45,000 and that is what they are asking. The property sold three years ago for 90000 and around 96000 five or six years before that. The house would need about 5,000 to have it be a rental and around 10,000 for a flip. I already know I can get a traditional 30 year mortgage on the property with 20% down around a 4% interest rate. My question is: Should I use this method or does someone have a suggestion of a way to keep the 20% in my pocket? I've seen some things on HML's and just wondered what other options are out there or what someone with more expertise would do in this situation. Any advice is greatly appreciated.