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

There are many descriptions that people discuss for flipping. Some mention it as actually buying a property, then quickly fixing it up to resell it. This is a strategy you can do but there are also a lot of other financial risks that can be a problem, particularly in down or stagnant locations.

While we refer to flipping, we are talking about securing properties at a discount and then assigning (or flipping) them to another buyer for a quick profit. While we refer to real estate wholesaling, we are basically discussing finding homes inexpensively and assigning them at a discount to another individual or rehabber; thus the term wholesaling. For additional clarification on lingo, when you transfer a property to another rehabber, this just means you are offering the right to them to purchase the house directly from the seller.

When you get a house under contract, you will have control. Then you can assign it to another person at full price or for a flat fee so they can buy it. They take your place in the option, then purchase the property, handle rehabbing it and either keep it or sell it to another person for a higher price. A program like the one taught by Matthew Sorensen is a great no issue way to create fast money 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 option especially once you have a consistent program working for your business!