Buying and Selling a property "Subject to"

[Alyssa De Los Santos]

I am interested in buying a property subject to the existing mortgage. The owner still owes about 73k on the a property that appraised for 134,000. I'm looking to purchase it for the 73k and just take over the existing payments. The owner needs to sell because they're moving to the other side of the state and can't afford 2 mortgage payments. They have a tenant that was living on the property. The tenant is moving out this month but the property needs some TLC. Can I sell a property 3-6mos. after buying it even if my name is not on the mortgage?