Does these offers make sense

[Dee Xixi]

The property need some rehabs, I am thinking on presenting one of those options to the seller. Any suggestion??? [please

Here are two scenarios that I came up with as our starting point.

Seller financing ( if owned the home outright) or assumption of current mortgage with seller carrying a second mortgage (if home is still owned by the bank):

Purchase: 320k
Down payment: 10,000 non refundable
Lenght: 5 years
Interest: 7% on second or first
Buyer: Paid tax-Insurance
Background check and a copy of credit report

Lease to own

Purchase price: 310k
Down payment: 10,000 non refundable toward the lease
Non assignable
Rent per month : $2100 base on current condition of the house.
Tax and insurance pay by buyer