A question about a deal

[Zack Ak]

Hi..

i came across a property, and i appreciate for any input you may have

Info:--------------------------------------------

the sellers Real estate agent said..

2 family home

in its current situation the house worths $308k

the seller is asking $250K

the house has tenants producing $3800/ month

Comps:

The houses rehabed afew blocks down  sells around sqft/price $207-$262

  i talked with another real estate agent he said 3 families run around $400k

Even though this one is not a higher end, it is being asked at $262/sqft

Questions:

Does this deal makes sense?

**the owner is interested in half cash and the half in holding payment

what are the ways to finance deal? ( with HML, Mortgage, creative financing)?

thanks for  for any suggestions