In the past five years, you’ve obviously heard the buzz surrounding flipping homes. There’s a new TV show popping up weekly, it seems. And it’s hardly even possible to keep track of them all these days.

But, what’s the real scoop behind all the “flipping houses” buzz? And is it right for you?

In this article, we’re going to dispel some of the myths surrounding flipping homes and also give you the steps in case you want to jump in.

First off… the term “flipping houses” often refers to two different things:

1. Wholesaling – also known as assigning the contract – is when you simply put a property under contract and “sell” the contract to someone else, usually another investor.

2. Retailing – or rehabbing – is when you actually buy th
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   s. And it’s hardly even possible to keep track of them all these days.

   But, what’s the real scoop behind all the “flipping houses” buzz? And is it right for you?

   In this article, we’re going to dispel some of the myths surrounding flipping homes and also give you the steps in case you want to jump in.

   First off… the term “flipping houses” often refers to two different things:

   1. Wholesaling – also known as assigning the contract – is when you simply put a property under contract and “sell” the contract to someone else, usually another investor.

   2. Retailing – or rehabbing – is when you actually buy th
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      to dispel some of the myths surrounding flipping homes and also give you the steps in case you want to jump in.

      First off… the term “flipping houses” often refers to two different things:

      1. Wholesaling – also known as assigning the contract – is when you simply put a property under contract and “sell” the contract to someone else, usually another investor.

      2. Retailing – or rehabbing – is when you actually buy th
         Who You Trust and Who You Don't!
         For the last couple weeks I have been running a 5-minute survey of marketing trends. Several hundred people have given their input.[If you haven't taken the survey yet, do it. Your input is important and will help me know what you need to succeed in your own business: http://All-In-One-Business.com/5-minute]It has been eye-opening.Two of the questions dealt with who you trust and don't trust for online business information. I am amazed at what is shaping up.I expected several people to all be pretty much equal for "who you trust," yet one person is currently getting 25% of the votes- and no one else has over 5%.The same thing is happening on the "who you don't trust" question: While almost everyone mentioned is getting a couple votes, one person is getting 33% of the votes.I guess those two have made their mark
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         1. Wholesaling – also known as assigning the contract – is when you simply put a property under contract and “sell” the contract to someone else, usually another investor.

         2. Retailing – or rehabbing – is when you actually buy th
            Understanding Your Credit Score
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            he contract to someone else, usually another investor.

         3. Retailing – or rehabbing – is when you actually buy the house you are going to flip, do the repairs, and then sell the house, usually to an end buyer, or homeowner.
         On TV, they’re showing the latter: buy-fix-sell.

         There is a lot of money to be made flipping houses, but if you don’t do it right, you can also LOSE a lot of money. What you don’t see on the television show is how they find their properties, how much it costs to acquire the properties and, in most cases, the profit. It’s funny how these programs very rarely tell you HOW MUCH the person REALLY made from the deal (not the gross profits, but what they put in the bank after all is said and done).

         So, how do you go about flipping homes (aka House Flipping) the RIGHT WAY – where you make a good chunk of money in a relatively short period of time? There are really only