An Objective Look at the Real Estate Flipping Strategy

Sternberg produces another important “must read” for any real estate investor.

Flipping is the most basic of real estate strategies. It involves simply buying a property, fixing it up, waiting for a short time, and then re-selling it for a fast profit. This is called “rehabbing.” A variation is to “wholesale” the property. In other words, you buy only the contract and then immediately sell it to another investor without getting involved in any rehabbing.

At its heart, flipping is a speculative strategy. Investors bet that the market value of a property will rise to the point at which they can make a quick profit before they close on the deal.

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