There are different meanings that people discuss for flipping. Some talk about it as actually paying for a property, then quickly fixing it up to resell it. This is a strategy you can implement but there are also additional financial risks that can be a concern, particularly in soft or stagnant real estate markets.
So while we talk about flipping, we are talking about tying up properties cost effectively and then assigning (or flipping) them to another buyer for a quick profit. While we mention real estate wholesaling, we are basically discussing finding properties inexpensively and assigning them cost effectively to another person or rehabber; thus the term wholesaling. For further details on jargon, when you transfer a house to another rehabber, this just means you are offering the right to them to buy the house directly from the property owner.
After you get a home under contract, you will have control. Then you can pass it on to another investor at a larger price or for a flat fee so they can take ownership of it. They take your place in the agreement, then purchase the property, are responsible for rehabbing it and either keep it or sell it to an end buyer for full price. A real estate system like the one taught by Matthew Sorensen is a great no issue option to create quick cash using little or no cash or other lending 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 system especially once you have a dependable program working for your business!
