We already have hard money lined up to cover the mortgage and rehab.  

The property I am looking at has equity and only a purchase money loan (1st mortgage).I understand the basics, Wining the bid, gets me the deed subject to the existing loan. 

I personally use the income approach.

Hello Bigger Pockets,I am a Private Money Lender. 

Your choices are to save more money or work harder to find one off-market for a below-market price.

Best case they take the money and any penalties from you at closing.

Baltimore being one of them , and there are investors making good money in Baltimore , and some not .This weekend we went out with friends , dinner and some fun .

It's been a while since I've done one personally, but my last one was with Wells Fargo. 

The individual is a creditor of the reporting company.The term “creditor” means an individual who would meet thedefinition of a beneficial owner of the reporting company solelythrough rights or interests for the payment of a predetermined sumof money, such as a debt incurred by the reporting company, ora loan covenant or other similar right associated with such rightto receive payment that is intended to secure the right to receivepayment or enhance the likelihood of repayment.For example, an individual qualifies for the creditor exception ifthe individual is entitled to payment from the reporting companyto satisfy a loan or debt, so long as this entitlement is the onlyownership interest the individual has in the reporting company.

We could offer $210,000 to make it a 1% deal, but I understand that the seller paid for the rehab, would have to pay capital gains tax, and closing costs.Based on the info provided (potential rent roll, the fact that it would be a house hack, and the appreciation potential), what do you think a reasonable offer price is to get them to sell a property they recently bought and put money into?