Looking for opinions

[John D.]

I am in the process of purchasing a property that was listed as an estate sale in PA.  

Cost-$55,000

ARV-$140,000

Rehab work-$40-$50K

It will be a cash sale.  I am leaning toward a flip and the process may take between 6-8 months.  My issue is that I can come up with the other $40k-$50k in cash to rehab but I do not want to if there are better ways.  Both mine and my wifes credit scores are around 780.  

What would the BP community do?

Thank you all!!!