Hold on folks. It may be illegal or at least against lenders policy. When I hear this term, it brings back to mind the 80s and substituting buyers. One would buy a home for, say, $50,000 which was under value then sell it to another party for 70,000 within the same transaction. There were several ways of doing that including having a clause in the purchase contract that gave the buyer the right to by way of 'and or assignees' in with their name, etc.
This was responsible for many DISCLOSURE rules and laws. A major change was that an assignee had to be named up front AND the profit disclosed. I cant remember if this is a Fed thing or just state by state. As an ex mortgage company operator, I remember my lenders wouldnt go for anything even close to that. A deal had to be 'seasoned' or it was ruled a flip. Though there is really nothing wrong with flipping a house for profit and the lenders should only be concerned with actual value vs their new loan, they all had cows over it and stopped short term ownership financing.
So, I do not know where Oregon stands on this but its impossible to answer the main question without knowing the exact details. One can interpret many ways the actual wording of the question. Elaborate and I can find out for you or call a real estate atty as someone else suggested.