I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

If you do not have something kind or helpful to say please refrain from saying anything at all. 

Quote from @Ben Svoboda: What did you end up doing?

@Mindy PerryReally doesn't matter what software you pick as long as it has the features you want.Two biggest challenges with ALL software:1) None are perfect, so deal with the tradeoffs2) Most users rarely put in enough time to really understand how to utilize the software.

It's a good problem to have, I know. 

Run the numbers you may do better long term or renting as a whole unit.

My question is do I go forward with purchasing the property and deal with the higher insurance and potential hazard or is it smarter to walk away?

It was a deal that was offered to me directly by the owners using owner financing and i took it!

How did you find this deal and how did you negotiate it?

Going direct instead of having a GC do the work will save you money too since that GC will put a percentage on top of work.