CT deal structure buy for and selling to relative

[Ryan A Rodriguez-Wiggins]

Hi BP Friends,

Need some ideas on a deal structure and apologies for the lengthy post. Basically I am trying to buy a place for my cousin, and then sell it to her, but I want to avoid paying closing costs and realtors twice. Plus we should make a little on the deal for the risk (she's cool with that lol).

So here's the deal. Shes selling her house in June, but doesn't have the money for a down-payment until they close. Also the market is so hot in CT that places are flying off the shelf so she can't do contingent or time it right. She's got two kids (one who is on the spectrum) and for them to sell and move to a rental while they try to buy is insane.

My original thoughts were just buy a place for them, then sell it at a slight premium, but after closing costs thats probably a lose / lose. Thoughts?

Could I do a wholesale strategy, personal loan, co sign (which i don't want to do because it limits our other investment opps, etc.)?