Financing a Package Deal

[Nicholas Reyes]

Hello everyone, I am looking for some advice on my first deal. I came across a gentleman who is looking to sell off the rest of his rental property, he has been doing this a very long time and is ready to give them up. He has 5 properties left and is asking 125k for the package. My issue is that I am not sure the best way to finance this deal since I can not use a conventional mortgage loan and I do not have  huge cash down payment.

Purchase Price: 125,000

Monthly Income: 6450

Monthly Operating Expenses: 3119.58

Monthly Cashflow: 3330.42

Tax assesments: 106,800     38,600     32,900     32,900     31,900        Total: $243,100 

The owner did offer seller financing but would want 150k with 50k down and 5 years to pay the 100k balance, that takes away $1667 per month to the seller. How can I present this to the seller with a lower monthly payment and less money down? Maybe finance a different route? Any ideas/feedback is greatly appreciated. This is my first deal and it seems like a home run if I can figure a creative way to finance the deal and increase cashflow.