how to i structure this deal

[Huy N.]

*How do I structure this deal

Hi Fellow BP,

Out of the blue i had a buyer contacted me because he grab my business card somewhere.

He has a very nice house in the neighborhood that i like. Rent are going for 1400$ with very quick Day on Market. House is in good shape, need minimal to no repair. Market Value of the house is 135,000$ and the sellers still own 120000$ to the bank. he is asking if i can buy his house for 130000.

I don't think a traditional 20% down for of 130000 and rent at 1400$ is a good way to go with this. tax in this area is high 3%, not including insurance

Is there any good way i can structure this deal so that i can get a ROI of at least 20% a year? the seller is semi-motivated. he is not in a desperate position

Thanks Expert!

Huy