First Deal Need Opinions

[Nick Furlough]

First time poster here. I am new to real estate investing and I have two partners that I am going into business with. We are currently submitting for an LLC. I have a really good family friend that is helping us get started in the business and is bankrolling us for our first project. We are closing on a 3br/2ba house Sept 17 that was in foreclosure. We won the bid at $67,500 and are looking to put in 10k-12k into it (nothing major wrong with structure). My partners are in construction so we will do the majority of the work to maximize our profit on this first deal. Comps in the area have just sold from $149k to $163k in the last 3 weeks. For our lender we just have to pay him back no interest added just the money we use to fix up the house. My question is do we try to list it lower for a quick sale and move to the next deal or list it in the $155k range to maximize profits? We want to get into the rehab/rental business and create some positive cash flow. This will be the only start up capital we will have is what we make off of this property. I was thinking at listing in the $129 range so we can move on but it is nice not having to pay any interest while it is on the market. Any advice is greatly appreciated. Sorry for the long post but wanted to give as much info as possible. Thanks

Nick