My question is, as a wholesaler is it possible to construct such agreement whereas the cash buyer agrees that the son (a realtor) is the one who is able to list the property after the cash buyer has finished with the rehab.??

That typically is investors.

That typically is investors.

Chris T.While we are not flippers, we do use a similar approach by purchasing tired properties and forcing appreciation: it is just rehab-n-hold as opposed to rehab-n-sell.When we are carrying out a deep retrofit on a newly acquired property, we will put a sign in the yard advertising another "modern, heathy and energy efficient home in the making"  with an indication of when it will be available for rent.We typically have the units rented before the renovation is complete.

I've dealt with many tenant issues (and tenant's helicopter parents haha), but for the most part the kids are good natured.Morgantown is a college town, with what I believe is a huge surplus of beds due to a recent surge of construction.  

The ones we executed contracts on in the past few weeks were purchased with a construction loan that wasn't dependent on inspections, but the houses will need to appraise for the purchase price.PM me if you want to talk some more..

I would guess I physically inspect 5-10 properties for every one I make an offer on and I may only get under contract on 25-33% of those because I typically offer aggressively so my numbers work.

There are various reasons the project may not qualify for financing:  owner occupancy percentage, one individual owns more than 10% of the units, the community is involved in some sort of litigation (usually construction defect), or the HOA finances are bad (underfunded reserves).  

Pretty typical seller at 10%, your idea of 3 to 4 % is actually more in line with the actual value of that option, at that price range, over that term (1 to 2 years), and you sure aren't buying any cash flow!

My partner and I will be doing most all of the construction our selves.