There are different meanings that people mention for flipping. Some refer to 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 an issue, particularly in down or lagging real estate markets.

So while we discuss flipping, we are talking about controlling properties inexpensively and then assigning (or flipping) them to another buyer for a fast profit. When we refer to real estate wholesaling, we are basically talking about finding properties cost effectively and assigning them inexpensively to another person or rehabber; thus the term wholesaling. For further clarification on terminology, when you flip a house to another individual, this just means you are giving the right to them to close on the home directly from the owner.

When you get a house under contract, you will have control. Then you can pass it on to another person at retail price or for a flat fee so they can close on it. They take your place in the agreement, then take ownership of the house, handle fixing it up and either keep it or sell it to an end buyer for full price. A method like the one taught by Matthew Sorensen is a great no issue option to create quick cash using little or no cash or other banking 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 program working for your team!