There are various descriptions that people refer to for flipping. Some refer to it as actually getting a loan for a property, then quickly repairing it to resell it. This is an option you can implement but there are also a lot of other financial risks that can be a problem, particularly in flat or stagnant areas.

So while we discuss flipping, we are talking about securing homes inexpensively and then assigning (or flipping) them to another buyer for a fast profit. So when, So while we discuss real estate wholesaling, we are basically referring to finding properties inexpensively and assigning them cost effectively to another individual or rehabber; thus the term wholesale. For more explanation on terminology, when you assign a home to another individual, this just means you are offering the right to them to close on the property directly from the seller.

When you get a house under contract, you will have control. Then you can flip it to another individual at full price or for a flat fee so they can buy it. They take your place in the agreement, then buy the property, handle rehabbing it and either keep it or sell it to an end buyer for full price. A program like the one taught by Matthew Sorensen is a great no risk way to create quick profits 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 steady revenue model working for your business!