Property worth 100k with a 69k mortgage

[Daniel Williams]

About to get a contract on a house that is worth 100k ARV but has about 60k mortgage on it. I need some help on how low should I get the contract to be fair to the seller and so i can make at least 4k from the deal. I would like to get the seller about 5 to 10 k. I am in mt airy nc. (NOT TO FAR FROM WINSTON SALEM NC). Please help. They are a motivated from the call...

[Ryan Dossey]

If you are trying to wholesale this (which it sounds like you are) you want your offer to be 65% of the A.R.V - Repair costs. You really shouldn't be concerned with what the seller makes on the deal. You can only offer what it makes sense for you to pay. I have done several deals where the seller has LOST money. It all depends on what their needs are. Is the MP killing them? 

This sounds to me more like a family/friend who you are trying to kind of wholesale their home.