There are various meanings that people talk about for flipping. Some talk about it as actually purchasing a property, then quickly repairing it to resell it. This is a strategy you can implement but there are also more financial risks that can be an issue, particularly in flat or stagnant markets.

So when we discuss flipping, we are talking about controlling houses at a discount and then assigning (or flipping) them to another buyer for a fast profit. While we mention real estate investing by wholesaling, we are basically referring to finding homes cost effectively and assigning them cost effectively to another investor or rehabber; thus the term wholesaling. For additional details on jargon, when you transfer a property to another rehabber, this just means you are transferring the right to them to close on the house directly from the property owner.

Once you get a house under contract, you will have control. Then you can wholesale it to another person at a larger price or for a flat fee so they can take ownership of it. They take your place in the option, then take ownership of the house, take care of fixing it up and either keep it or sell it to another person for full price. This type of Real Estate Investment is a great no issue strategy to create quick profits 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 creative real estate investing a good cash flow strategy especially once you have a steady system working for you!

Blogging