Burnt House

[Dana G]

Here's the scenerio...
We found an abandoned and burnt house that had been recently remodeled. Went into foreclosure and the bank owns it. We want to know...1) - how would the bank sell this burnt house to us, 2) - how can we get money to rehab it (i.e. govt loans, city loans, grants), 3) - would it be better to sell it to an investor and how would we charge them (i.e. 10-20% comm of sale price or a flat fee for the info, etc.)?

Appraisals in the neighborhood range from 242,000 to 324,000. As a newbie...would like to know best course of action and at what type of discounted rate might the bank be willing to sell us this house for?

p.s. If there any South Fl investors that would be interested in speaking with us about this property and/or profit opportunity...let us know.
Thanks,
Dana