Summary of J Scott's The Book on Flipping Houses

Excerpt From Summary of J Scott's The Book on Flipping Houses



#1



The term wholesaler is used to describe an investor who acquires a property and then immediately sells it to another party. The term wholesaling refers to the act of purchasing a home and then selling it back to the original owner for a profit.



#2



Rehabbing involves buying a property in poor condition, fixing it up, and then selling it, either to a homeowner who plans to live in it or to another investor who plans to keep it as an investment.