Need to be creative- Two property deal with a Quitclaim Deed

[Jeremy Galloway]

Hi all!

I've got a seller here in the Birmingham area that has two properties she is trying to sell quickly. There is a quitclaim deed on each to both of these properties where a 'foreclosure investor' gave the seller $30K to keep from the properties being foreclosed on and she did a quitclaim deed to the investor. There is also a divorce that started this whole foreclosure process as well. 

Property #1 ARV is about $320-330K, and needs about $10-15K of work (per contractor that she had out to the property). She owes about $250K mortgage on this property.

Property #2 ARV is about $280K but it's a lake house so the comps are harder to nail down. She owes $180K on that property, and about the same amount of work in it $10-15K.

I'm sure she wants to sell both and get out of the house with her ex but want to make sure a deal is there to flip/whole-flip. I'm not sure if private money that we have in place would go for this large of an investment ~$500K 

@Jamie O'Brien let me know if I'm missing something on the narrative.