A rehabbed property that you are intending to resell is not a property held for investment intent.

It opens up a much wider buyer pool.If you're doing an "I buy houses" effort and promising you can do a 3-day close like some people I've seen on here, you're going to need to be able to pay cash for the house, actually close on it, and then resell it  to someone else.

If this property is that good of a deal though, you could always close on it yourself and then re-sell it.Best of luck to you.

Now we could have gone with and done like some of the resellers which were and are selling the low-end, over-priced deals.

Then after a year I would fix the house up and resell it at a profit.

Put it under contract, pay the EM, close on it, and resell it to an investor.

Some we hold and some we re-sell.  

@Brian SinclairI don't know if it fits this low-priced deal is a good fit butI like joint ventures with sellers where 70% of ARV is just too low, so the seller always rejects itSo on alternative is to do a joint venture with the seller, give a note with no payments for four months, now you're on title, you fix it, then resell it, and pay off their note when it resellsExample, $200,000 house, 20,000 in repairs, 70% of ARV minus repairs is 120,000 net to sellerFor the joint venture, figure 10% for resale costs or $20,000, add in $20,000 repair bill, add in $2000 in private lender interest, and a joint venture fee of $10,000 for the real estate investorThis is a better result for the seller, netting the seller $148,000

I know several wholesalers who do this.If you are buying at an auction or county sherif sale- you can buy with your own cash and resell to anyone you want in whatever condition you want.

Are you buying to resell or to reside?