I want to buy a house, one that is in good condition so I won’t have to do anything with it…then I want to turn around and resell it…as soon as a can…for a profit of course.
Is this flipping, wholesaling just investing?
Thanks for your help
Cheryl
I am somewhat new but from what I have gathered:
Wholesaling is when you reasign the property to an investor for a quick profit.
Flipping is if you buy then resell at retail.
Ron
This situation is definitely a FLIP. Good luck