Refi/Negotiating with Seller to Sell to you and not list

[Joseph Poluch]

I received a call from one of my flyers about purchasing Homes. The caller on the other end was an older gentleman and said "you wanna buy my house? bring a check for $150K." I assured him that's not how I do business but none the less would like to take a look at the property. we set a time for 11 am this Friday. A few questions I have are about refinancing, seller financing, cash offer vs. taking to market pros/cons. 

About the refinance:

I am currently furloughed ("unemployed"/"Part-time"? receiving unemployment- work may return so I'm holding out hope to go back. Not loosing money but not putting a ton away, either. When both employed we have some great buying power and very low debts along side great credit.) But working one day a week on the books. My wife is just coming off of Paid Family Leave in January.

My question is: What are my refinance options/lender options with being unemployed and my wifes w2 showing she made less than she typically does last year? 

I have enough to cover purchase, closing and rehab, its the pulling my money back out in 6-12 months that I am trying to find a solutions to. 

Seller asking too much for me to properly implement the BRRRR method:

Seller looking to sell off market for market value price? So I had my Realtor friend pull me some comps. Low end $125k, high end $200k. He is looking to get $150k, off market, I haven't seen the inside but the outside looks well maintained. So I think he's close on retail price, if the inside is as nice as the outside. But what are some good negotiating methods to try to talk him down to a lower cash price, or, a Seller financing offer:

Seller Financing: 

What are some great point to touch on with the Seller of why Seller Financing, even in this market, benefits the Seller just as much as the buyer?

Does any one have a Seller financing Sales contract they could share?

I could certainly try to flip if there is value to add on the inside or I can try to wholesale it. My preferred route would be to hold onto long term but I am not sure how feasible that is with my current employment situation.