Just something to think about: Real estate contract flipping is - TopicsExpress

Just something to think about: Real estate contract flipping is the process of making a purchase offer on a piece of property with the intent of selling your rights to purchase to someone else for a small fee. In most cases, a cash poor investor locates good real estate deals and makes an offer using a contract. This contract usually gives the investor time to secure funding. During which time the investor pitches this property to other investors who are not cash poor. If a successful deal is made, the cash poor investor "assigns" the contract to the cash rich investor. The cash poor investor normally receives a finders fee at closing. This is an age old method of building capital in order to become a cash rich investor. #So much legal money in the world --Blue Mitzi

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