Short sale help

[John Gray]

I have found a potential deal in my area of North New Jersey, this is a short sale with an asking price of 150k reduced from 200k. The comps in the area for similar sized homes are 350-380k. I am going to see the property this week and would like to put in an offer depending on rehab costs. This is my first fix and flip and I am looking for private financing/hard money and a reputable investor friendly contractor. Any recommendations or short sale advise would be greatly appreciated