First contract is Subject to existing financing. Help!

[Account Closed]

Hello BP. Well after a dedicated year I have a deal! I have a solid idea of how to best capitalize but I am excited to see the many minds of BP share its collective experience for this newbie. I am in the unique position to take it down myself or assign it make a nice spread,cash flow and combination of both. If i had a leaning it would be to assign and use my profits for more marketing towards pre-foreclosure's and lease options with the goal of  scaling my business to large multifamily apartments, with my first purchase of a quadplex first quarter 2017. Looking forward to all insight.

Subject to existing financing. 

Cure of back payments:  $30,523.54

Closing Cost : 600 (or less)

Outstanding Principle Balance: $ 237,355.83

Original Principle Balance: $245,113.00

Mortgage (PITI) $ 1175.89

Rentometer estimate: $1695-1700

Interest Rate: 2%

Type: VA 30 Yr Fixed

Rehab Cost : $7.5k-10k

( Realtor Comps)

Listing Price between $339,900 and $425,000

4 Bedrooms

4 Total Bathrooms

2,887 to 4,300 Square Feet

$92.92 to $124.66 per Square Foot