There are different definitions that people talk about for flipping. Some talk about it as actually paying for a property, then quickly rehabbing it to resell it. This is a strategy you can implement but there are also many financial risks that can be a concern, particularly in soft or lingering areas.

While we talk about flipping, we are talking about controlling homes inexpensively and then assigning (or flipping) them to another buyer for a speedy profit. So when, So while we talk about real estate wholesaling, we are basically talking about finding houses inexpensively and assigning them at a discount to another person or rehabber; thus the term wholesaling. For more clarification on terminology, when you flip a home to another person, this just means you are giving the right to them to close on the home directly from the home owner.

When you get a house under contract, you will have control. Then you can assign it to another rehabber at a larger price or for a flat fee so they can take ownership of it. They take your place in the contract, then purchase the property, are responsible for repairing it and either keep it or sell it to another person for retail price. A program like the one created by Matthew Sorensen for real estate investing is a great no issue strategy to create fast money using little or no cash or other financing techniques.

Since you have neither of these limitations you can also do as a many as you want making real estate wholesaling a great cash flow option especially once you have a dependable system working for your business!

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