would you touch this?

[Aaron Schwartz]

Ok i looked at a house today owned by a construction worker. He is in the process of having a house built and should be done in 30 to 40 days.

heres the deal.....house is tax valued at 83k..mkt value 87k to 92k
he owes 53k.....the house is in pretty decent shape. He has new cabinets sitting in the garage...original cabinets are decent. 3 bed 2 bath 1300+ sqft 1 bath is completely gutted but said he would throw in all the sheet rock..bath remains ..Has almost all materials to finish the job...all new ceiling fans.for every room....does need a little interior paint...not much exterior work needed....again he said he would throw in most of the materials ...now he wants 70k.....i said yea right....I talked him down to 63k. he wants to walk away with atleast 10k....told him i would talk to my partner so i havnt tied it up yet....i would like to be at around 58k...any thoughts? Would you touch this for 63k .......i personally would like to get it for 58k and wholesale it for 63k..