Help with creative financing

[Gigi West]

Need help with creative financing -

I have a property that I am interested in buying for the rental units. However, the price is above my range. I need advise on how to do this deal with creative financing. I have about 50k to invest, I have an excellent credit score.

Property is listed for $400k(Town assessment is 400k), owner is willing to negotiate if it's a cash offer. The property is in really poor condition.

Rehab cost is about $200k(4 units, rehab estimate is around 50k per unit)

Rent estimate is about $1900X4= $7600

Any suggestions on how to do this with creative financing would be greatly appreciated. TIA.