Newbie with Offer Question

[Paul Leslie]

As I am new to investing I am looking for a little help on formulating an offer. I have an appointment Thursday with a homeowner with a property with and ARV ~ 315,000. He owes 244,000 on a VA loan that is assumable. My goal is to assign the deal if I can get it but I am not confident in what I should offer. I don't really want to assume the mortgage since I am trying to assign the contract. I know through my conversation with the seller that my offer can be no where near the 244,000 he has left on his mortgage. I realize that the best choice may be to walk away if I can't make a good deal but having never completed a deal yet I am looking for advice on what should be my top offer and what method to use. The methods I am considering is a wrap around on the 244,000 and an offer of 285,000 with the seller carrying back the other 41,000. The second method I was considering was an lease option deal. I know there arent very many details in my offers I am considering but I don't want to write a book. Please let me know if I am way off base or if you have some suggestions for better strategies. Thanks in advance.