After the 90 days are up, the flipper can now sell to an FHA/USDA buyer, but if the flipper sells it for DOUBLE of what they paid, then the flipper will have to pay for a 2nd appraisal to go along with the first appraisal that the buyer typically pays for.  

@Charles Johnsoninspection period allows a buyer to walkaway.

Hello i was wondering if taking out a mortgage for a single family home first time home buyer and not Occupying it or renting it out and paying the monthly mortgage myself would be a bad idea investment wise. and then after 1 year rent it out?

If you sell the property, the basis the buyer takes will be the fair market value of the property purchased. 

This method leaves a lot of stress and unknown factors off the table and limits the pool of potential buyers to serious investors instead of dealing with the potential issues of individual buyers looking to buy a owner-occupied unit. 

. ($283,000)If I were to put it under contract I would offer the following: - buyer will pay off the balance of the note ($295,000)- Seller will receive $275,000 in cash because buyer will cover the rehab cost to receive the Gross Potential Monthly Income- Seller will split the closing cost 50/50 with the buyerI would love to hear some input from the BP community.

Get good marketing and promotion of the home for qualified buyer interest and move it off your books. 

Currently I'm working on finding buyers to create a list but how? 

Are you representing a buyer as a RE or are you buying it for yourself? 

The seller understands I wont be acting as a broker in the transaction and have found the potential buyer to assign the contract to.