Close on the property and then resell.

You'll need to buy at the lower amount and take title then you can resell to the owner, otherwise you can't justify a larger note amount as you aren't making a cash loan.

Normally I buy the house out right with cash or hml.Yes when I go on calls I let the sellers know I will fix up the house to resell or rent it.  

Im usually at a good ball park, and I would stand on that since that is what I would resell it for if the company was the one taking title.Edgar

.- This is what has intrigued me the most about the timber industry, a few years ago i came across that idea of what if i buy land, sell the timber, and then resell the land for the same or a little less that what it was bought for.

You make money by either (1) selling the option contract to a third party who wants to purchase said property for a fee , in which case an amount over the $750 would be “profit”, or (2) exercise the option and immediately resell the property to a third party for a greater price, in which case the “sale” price minus the sum of the purchase price and the option fee is “profit”. 

The banks are not stupid (at least not as far as that clause is concerned) so if you make offers on a short sale and intend on re-selling to an end buyer, you had better find another way to do so.

Part of our reasoning is sometime down the road we may want to sell some or all of these homes and so resell ability is an important factor.

The term "flipping" is greatly overused these days so I will assume it means buying, rehabbing, and reselling (retail) to an end buyer/investor, versus flipping meaning wholesaling.

Hello everybody,I'm Tom Kirchner.I'm just learning about commercial real estate.I have taken one home study course and been all over the internet trying to soak up information.I'm interested in learning more with the help of some very knowledgeable people like yourselves.My main goal is to work with commercial properties.Mainly to buy undervalued or under performing properties at a discount and resell for a large profit.I look forward to hearing from many of you,and wish you all great success in real estate journey.