For a wholesaler to have a real shot at reselling a listed property, they would have to acquire it at a deep enough discount to pay at least four people: 1) seller 2) agent 3) wholesaler 4) investorIt better be a big pie or there will be skinny slices. 

I will not be reselling the home for that 150-155k but predicting that the assessed value will come in at that due to the condition the home was in prior to it being assessed at 130 k.  

@Jeff Rabinowitz is right though you need to have a specific plan in order to do this, maybe "I am going to buy a foreclosure for $50,000 and put about $30,000 in it where the resell average is $130,000.

It's odd that someone who deals nationally isn't aware that the license laws in effect are those in the state where the property is located, where you sit is irrelevant.Dave has the right answers here.However, buying as a principal and closing isn't "wholesaling" it's purchasing and reselling.

This should be a case by case basis depending on the condition of the system and if the failure to perform regular maintenance was a contributing factor.Note:  For HVAC the Trane warranty states that they can request documentation of proper preventive maintenance.The other option is to buy an extended warranty through a third party reputable, financially sound, reseller like "Squaretrade"The last option is to buy the house and Not the appliances and HVAC\Heat System and rent the appliances from the original owner. 

The waiver applies to all sales contracts executed on or after February 1, 2010, until 11:59 PM, December 31, 2014.FHA deems a sales contract to be executed when all parties to the contract have signed the contract, and the contract is enforceable under the law of the state the property is located.Mortgages that are made on properties in which sales contracts have been executed after 11:59 PM, December 31, 2014, are not eligible for a waiver of the regulation prohibiting property flipping.FHA will not extend the waiver beyond December 31, 2014.Section 203.37a(c) lists the sales transactions exempt from this rule.The exempt transactions include sales by HUD of real estate-owned (REO) properties under HUD’s regulations in 24 CFR part 291, sales by other federal agencies of REO properties, sales of properties by nonprofit organizations that have been approved to purchase and resell HUD REO properties, sales by state - and federally - chartered financial institutions and government sponsored enterprises (GSEs), and, upon announcement by HUD through issuance of a notice, sales of properties in areas designated by the President as federal disaster areas.The regulation, including its exemptions, is still in effect.Quick Links and ResourcesReview the Federal Register Notice (Docket No.

Do you plan to charge sales tax when you resell?  

We offer renter's insurance to our customers as a reseller through one of the larger 3rd party renter's insurance providers, and we receive a 10% affiliate commission on the policy. 

I see one tying one up and then reselling that's about the extent of it.

Some of the concerns I have will be resell value of the property even tho I am contemplating a buy and hold strategy.