Wholesaling a turn-key property?

[Daniel Kohan]

Hi everyone! I'm very new to real estate investing, I have two properties and just put in an offer on a 3rd. It's a 4 bedroom, 2 bathroom with updated kitchen with granite countertops and new appliances, new roof, new windows, finished basement, generally very good condition close to turn-key. It's the only 4 bedroom house in our area in CT that is listed for below $200k. The current homeowner had it listed for $220k and gradually took it down to $185k. I offered $155k and the owner accepted it (she needed to move to Puerto Rico and was in a rush to get rid of the property and owned the house outright). I'm happy to keep this property as a buy and hold rental property. At the same time though, since it's being sold at such a distressed value, I want to look into potentially doing a wholesale deal. I'm behind the 8 ball on this since I don't have a buyer list... But in any case, here's my question: I believe I can find an investor to buy this home for $195,000 based on comps in the area and based on the rental income this property can generate. Is it a potential wholesale deal? Can you wholesale a property with the end buyer using a conventional mortgage or does it need to be a cash/private investor funded deal? Thanks for your help!