Using the Time Tested Methods for Assigning Houses and Assigning Real Estate

There are other meanings that people discuss for flipping. Some talk about it as actually buying a property, then quickly renovating it to resell it. This is something you can do but there are also additional financial risks that can be a problem, particularly in flat or lingering markets.

So when we discuss flipping, we are talking about tying up properties inexpensively and then assigning (or flipping) them to another buyer for a quick profit. While we talk about real estate wholesaling, we are basically mentioning finding homes at a discount and assigning them cost effectively to another individual or rehabber; thus the term wholesaling. For additional explanation on lingo, when you transfer a house to another rehabber, this just means you are passing on the right to them to purchase the property directly from the property owner.

When you get a house under contract, you will have control. Then you can flip it to another investor at a higher price or for a flat fee so they can close on it. They take your place in the option, then take ownership of the home, are responsible for rehabbing it and either keep it or sell it to someone else for retail price. A real estate system like the one created by Matthew Sorensen for real estate investing is a great no risk way 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 real estate wholesaling a great cash flow strategy especially once you have a constant revenue model working for you!