Flipping to "regular" buyers

Bird Dogs, Wholesaling
1

From what i understand - flipping to “regular” home buyers doesn’t seem to be too profitable or easy for the following reason. Most “regular” buyers will need to get a loan from a conventional lender and most of these lenders will not give loans for homes that are not “seasoned” - meaning the house has not been owned by the buyer for at least 6 months.

It would seem then that the best way to flip is to an “investor” via contract assignment.

So let’s say, I put a house under contract for $285K and assign the contract for $295K and the market value for the property is $325K.

3 questions:

  1. Is this a good value to an investor?.

  2. From my understanding - this is NOT considered “flipping” - correct?

  3. Also since most investors use HML (Hard Money Lenders), the Lender would not have a problem giving an investor a loan even if the contract being assigned?

Thanks Again!!!

2

To answer your questions:

  1. The invester must decide if it is a good value for them, but just make sure there is enough profit (~$25,000) in it after repairs for them.

  2. This is not flipping - It is “wholesaling”.

  3. Unless you were actually closing on the property and then reselling, seasoning would not be an issue.