Purchased a house at a discount. I want to resell to end buyer

[Brian G.]

Recently purchased a home at a discount. I want to clean it up and sell to an end buyer needing a mortgage for a greater amount than I purchased it. The new purchase price for the end buyer will be in line with the current market value of the area. Will the new buyer be able to obtain a mortgage?

[J Scott]

Originally posted by @Brian G.:

20 percent down and conventional mortgage?

 Assuming it appraises for the contract amount, yes.