Wanting to buy a house, but the other is not yet ready to sell

[Oliver Sparks]

BP friends, I have a question on how I should best manage my scenario. I currently have a property having repairs done on it and plan to sell it once those are done, but it likely won’t be done for a couple more months. On that property I'll end up with $50+k in equity. Another property just popped up in my area that I am definitely interested in, and I could pay cash for once my other property sells, but I won’t have the cash on-hand until the other one sells. What’s the wisest approach to use here?