Subject to deal

[Christian Cabrera]

My very first wholesaling deal: the seller has a mortgage in the amount of $168k and Zillow lists the house at $163k meaning no equity. I've done a lot of research trying to figure out the best way to go about this deal. 

The only route that makes sense is "subject to". I found a buyer that is willing to put $10k in a escrow for 6 months of mortgage payments upfront to motivate bank to not use "due on sale clause". Also, $5k to give seller as an incentive since he's not as motivated as desired. Assignment fee is $10k, and the plan is to sell the property within 6 months listing it at $250k since similar houses nearby are currently at $270k. Property needs minimal repairs and cosmetic work. 

Thoughts? Comments? Advise?  Thank you in advanced!