There are other definitions that people refer to for flipping. Some talk about it as actually purchasing a property, then quickly fixing it up to resell it. This is something you can implement but there are also additional financial risks that can be a problem, particularly in flat or lingering real estate markets.

So while we talk about flipping, we are talking about controlling properties at a discount and then assigning (or flipping) them to another buyer for a fast profit. While we talk about real estate wholesaling, we are basically discussing finding homes cost effectively and assigning them at a discount to another individual or rehabber; thus the term wholesaling. For additional clarification on jargon, when you flip a house to another rehabber, this just means you are transferring the right to them to buy the house directly from the home owner.

Once you get a house under contract, you will have control. Then you can pass it on to another investor at retail price or for a flat fee so they can purchase it. They take your place in the agreement, then purchase the property, take care of repairing it and either keep it or sell it to someone else for a larger price. A real estate system like the one developed by Matthew Sorensen for real estate investing is a great no issue way to create quick profits using little or no credit 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 strategy especially once you have a dependable revenue model working for your business!

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