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There are different meanings that people mention for flipping. Some refer to it as actually purchasing a property, then quickly renovating it to resell it. This is a strategy you can apply but there are also a lot of other financial risks that can be a concern, particularly in down or declining real estate markets.

So when we mention flipping, we are talking about tying up homes at a discount and then assigning (or flipping) them to another buyer for a speedy profit. When we discuss real estate wholesaling, we are basically mentioning finding homes inexpensively and assigning them cost effectively to another person or rehabber; thus the term wholesale. For further details on terminology, when you transfer a house to another investor, this just means you are offering the right to them to close on the home directly from the home owner.

Once you get a house under contract, you will have control. Then you can assign it to another person at retail price or for a flat fee so they can purchase it. They take your place in the agreement, then purchase the home, are responsible for renovating it and either keep it or sell it to another person for a higher price. A program like the one taught by Matthew Sorensen for real estate investing is a great no issue system to create quick cash 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 reliable revenue model working for you!

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