Need Help Structuring This Deal/Offers

[Andy Cross]

I have a motivated seller that I need to send offers to within the next 2-3 days. But I'm struggling to structure this deal in such a way that will allow me to stay in the deal; rather than wholesale.

Seller Owns this property free and clear. 4B/3B, 1900+ SQFT, Palmdale, CA (50 mi northeast of LA), ARV $250K, Rehab Between $35K and $60K depending on what you want to do with it (rent vs fix/flip).

I'm pretty sure I can get the seller to accept some owner financing perhaps for about 6 months; long enough to fix up the property and sell it retail. (it shouldn't take that long to rehab)

Before I ask this question, I will say, I have no capital, down payment or "skin in the game." This is my first potential deal. How can I structure this deal so that I can stay in it to flip? Or am I being delusional?