Real Estate Investing Battle Royale: Wholesaling Vs. Flipping

Real Estate Investing Battle Royale: Wholesaling Vs. Flipping

Real estate investing has been a popular business for many in the United States. There are many methods that investors can concentrate on. However, there are two methods that are more common; flipping and wholesaling. In the past years, flipping has become a leading trend when it comes to real estate investing because of the numerous exposures (i.e. reality shows) it has. However, wholesaling has also become popular. Both methods are almost the same but have some differences too.
Flipping houses is buying a property at a very low price and then quickly reselling it for a higher price. The basic principle is: buy low, sell high. In flipping, you buy a house that needs repair and then you fix it and sell it for a higher profit. This method requires a lot of work and time but yields a bigger profit in the end.

On the other hand, wholesaling is acquiring a contract from a seller of a property then assigning the said contract to a buyer. In essence, wholesalers do not actually buy the house, but only the contract. This method only requires a shorter period of time to process. Having a lot of properties to sell can give a wholesaler huge profits. And since a wholesaler does not buy the property, a loan or large amount of money is not needed.

In the end it all boils down on what method will fit you best. Both methods can yield huge profits. It's up to you which will work best depending on your preferences. If you enjoy redecorating houses and working out your muscles, then flipping houses may be good for you. If you're more talented in negotiating and persuading, then you might have a future in wholesaling.

Whichever method you choose, be sure to do thorough research on it. To know more about wholesaling and flipping houses, visit Rehablist.com today. The site contains information on the basics and methods of real estate investing. By visiting the site, you can have access to the different tools in real state investing.