There are other meanings that people mention for flipping. Some mention it as actually buying a property, then quickly rehabbing it to resell it. This is something you can apply but there are also many financial risks that can be a concern, particularly in flat or lingering locations.

So while we talk about flipping, we are talking about securing properties inexpensively and then assigning (or flipping) them to another buyer for a speedy profit. So when, So while we mention real estate wholesaling, we are basically discussing finding houses cost effectively and assigning them cost effectively to another person or rehabber; thus the term wholesaling. For more explanation on terminology, when you transfer a house to another person, this just means you are passing on the right to them to purchase the home directly from the home owner.

When you get a home under contract, you will have control. Then you can flip it to another rehabber at a larger price or for a flat fee so they can close on it. They take your place in the option, then purchase the home, handle fixing it up and either keep it or sell it to someone else for full price. A method like the one developed by Matthew Sorensen is a great no issue strategy to create quick cash using little or no money 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 constant program working for your team!

http://www.spring1942.org