Wholesaler needs help structuring a foreclosure deal

[Heidi Taylor]

I have a great property that is a foreclosure that I would love to bid on. Besides the earnest money(which i'm trying to figure out how to get). I need help in structuring the deal. Its for sale at 105,500 and the repairs may be about 10,000. The property value is around 140,000. I'm thinking about offering 79,125. Is that a good bid to make? thanks in advance!