Go with a butcher block island for a dinner table and buy some metal legs from Etsy.

He asked for my property insurance.I offered to pay $2500 for his labor  even though he butchered the job and to leave me alone.

He started  with an environment that nurtured him and not butchered him.

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I have been to mechanics school,Welding school,cut meat for 35 years, ran heavy equipment, been an over the road truck driver and owned a butcher shop.  

I would do a simple counter top on the island, maybe butcher block to add character.  

ERGO you are in foreclosure in the first place.GFC meltdown saw values drop 20 to over 60% in certain markets  .. your 70% LTV loan was underwater right out of the gate.So to answer your questions.In General... you have a foreclsoureyour value is 10% less than it was when you made the loan.. reason flipper butchered the job ... and again depending on state it could take 1 to 3 years to actually foreclose and of course your not getting any payments.. so your interest is wiped out. your cost of doing the foreclosure again state specific.. and I have never met a defaulted borrower that paid the property tax's  ( and again state specific how bad this will be).. you have selling costs usually 8% and you normally have to spend money getting the home marketable I have never met a defaulted borrower who left a home in perfect shape.So you add 10% market devaluation  8% for sales costs.. 3% for foreclosure costs.. 2% for back taxforce placed insurance and utls.. and depending on the condition of the home 5 to 10% for rehab .. you can see how this eats into your 30%  .. then take states Like were i live and properly filed mechanics liens are super liens they jump ahead of your mortgage.. this can be thousands up to 100 thousands if your flipper totally screwed the subs. 

Steaks from the local butcher for $7 a lb.

@Anthony Butcher  Based off your numbers and the standard wholesaling formula, your maximum offer would be $127,500, including any of your fees ($325k * 70% - 100k rehab). 

I would lean towards nice laminate over butcher block.