Need advise decission needed

[Jason Davis]

As I mentioned before I have under contract a 3 bed 1 bath home. I am paying $31k.

My plan was to fix and flip the property. Getting into flipping and doing the work is my ultimate goal. I want to build up to 4 to 5 per year.

This house is a good one to start with.

However after reading about wholesaling on BP. I posted an ad of CL listing the house for $55. Outlining teh repairs needed.

I had a guy go by amd look at the house. He has offered me $48.

I will negoatiate to get higher.

My questions pertain to(if i deside) to sell it to him. How to go back to my seller and work out the deal. My deal is done and they are working on closing.

How do I go back to my seller?
How do I handle closing so that I dont have to close on it first?
I would like my buyer to buy the house from my seller and I get a check for the differance, how do I do this?

Should I do this? If I want to be a rehabber why do this? The only reason I see is it will load my pocket to help pay for flipping another house

Ideas? Thoughts?

anything

Thanks
JD

I think the buyer is an end user not an investor