Saturday, January 10, 2009

How To Flip A House - Wholesaling

When starting to learn how to flip a house, it is suggested to start with low risk real estate opportunities such as Wholesaling.

Wholesaling is when you buy a house, pay for it and sell it immediately to another investor. Yeah, another investor! Why would you want to do this? Let me tell you why.

Not all investors have the time, resources or businesses built to search for potential properties for them to invest in. Investors also employ different investing models. Some of them may be in real estate for buy and hold opportunities, while others may be looking for buy and sell opportunities. Some flip houses, some use the property for their own use, or some buy expecting prices to go up (speculators).

You knowing who the investors and what type of opportunities they are looking for will give you a better idea who you can turn to to sell your real estate find and sell to them at a price where you profit and yet they will still have enough room to profit themselves.

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