Is this a good deal?

[Mateus Silva]

Hello BiggerPockets,

I have found a home that has been on the MLS for 110 days and counting. It began its journey on the market at 119k and as of right now its been reduced to 97k. I believe that with a good negotiation plan and tactics I or someone could acquire this home for around 80-90k! Here is what has been driving me crazy...the potential! On the street of this home I have explained, homes with the exact lot size,exact street, exact as of now living sq. ft., exact everything except modern finishes and also other cosmetics that would certainly be done during rehab have sold for 290k+. I'd like to flip this myself but if my age and credit comes into play in not allowing me to attain finance then I'd bring my father in as a buyer to this property for him to flip. Renovation would be extent from electrical and plumbing to perfecting finishes the whole "Rehab shabang"! My question is does this look like a good deal (Please comment with any information I can provide to better assess that question) , Could I potentially get a HML on this even if I am an 18 years old (Full Time RE Agent also I don't mind having skin in the game cash wise with money down I am aware this will be needed) , Also steps to take NOW if this does seem like a great deal, this would be my first flip and I completely understand what happens in flips coming from "dolphin background"...flippers. I've seen the headaches and I understand what could happen and will happen. I want to do this deal as by myself as possible if possible without help from my father or father in law that both have done multiple flips and are GC's. They most likely would be who I contract for labor seeing I'd get a good discount. Please any advice tips hints anything will help!