Potential House Flip

[Noelani Neil]

How do I go about offering on a house that I intend on flipping/selling? I am new at this so not 100% sure of what I'm doing. This place has a lot of potential and has been on the market for a few months. I ran the numbers on the Flipping calculator and it seems to be very profitable, but only if the right offer goes through. What would be the best way I could offer on this house if the person refinanced and still owes more than the selling price? I don't want to offend the person but also need to make a profit. Help!