Need insight on flip deal!!

[Joshua Buchanan]

Hey everyone on bigger pockets, i was hoping to get some input on a flip deal. Theres a house in really great neighborhood selling as it. Looks like just tlc stuff. They are selling for 69900. Arv is prob 100k. Its a forclosure. I think banks usually want 85 percent if im correct. It was just listed today and already an offer on it but seller has 48 hours to accept so im going to view it in the morning. Im not sure on repairs yet but my guess is its probably not more than 10-15k. I was think on offering $59,559. I would need to get hard money to be competitive and close quickly. What do you think about this deal?