This person decided he did not want to be a landlord and just wanted to resell and make quick money.This worked best for his situation, he purchased the house without competition and got a great price then sold it a month later for a nice profit.Marcwww.greenfieldent.com

It is very difficult to sell a "used" home in a market of new homes.The resell prices of brand new homes in subdivisions that are still being built usually drops a significant amount until the subdivision is complete.

Sooner or later (before your option expires) you will either need to buy the property outright and quickly resell or do the double-closing bid and never really own the property at any given time.- Jugg

I could resell them and make $8,000 each easy.

You will want to arrange for a sales contract with the seller and then you resell the property to someone else before the contract closes.For rehabs, you can try hard money / private lenders.

You can find some really good guru programs that people are reselling.

you wont make money renting it out. just improve and resell

At the same time you have exit strategies where you can either rent the property or re-sell (assign) the contract to someone else.

.- I always disclose when I resell a house that had mold.

In other words you can use your MLS access to bring deals to your investor friends (for a small fee) and then maybe they will pass some business back to you when they try to resell their properties.