Creative wholesale: Can it be done with this Foreclosure?

[Albert Arguelles]

Please help me with your creative skills guys!

I tried this foreclosure deal with the usual 65% minus repairs (5% wholesale)

But the numbers don't work. What else can be done with this?

Seller is in foreclosure. 1 month before the sale

ARV is $120K

Owes $50k

Past due $5k

Repairs $30K

No other judgements or liens

= -$7000

What else could be done to wholesale this deal??

Thank you in advance for all the feedback!

[Brett Goldsmith]

What is the home worth in its current condition and what is owed on the liens(s)? If it's underwater, it should be reviewed for a short sale.