WHATS THE BEST SOLUTION!!!!!

1st: First Verizon
Balance: 86k

2nd: Guaranty Bank
Balance: 37k

FHA Loan
ARV:130k-140k

Repairs: No More than 10k

What do you think the best solution is?

Should I try to short sale both mortgages, then flip/retail it?

or

Should I take the 1st Sub-2, short the 2nd, then flip/retail it?

only you can really answer this question …you need to know what your exit plan is do you want this for a rental…or do you want to try flip it quick for cash for reserves