Welcome to our second part of Investment groups/chama money growth strategies series! You can as well use the navigation below to navigate through the series to be at par Real estate flipping involve buying properties that are in need of either minor cosmetic repairs or in need of serious renovations, doing the work, and selling them for a much greater price. This brings in a significant amount of profit in a rather small amount of time There are three ways that you can flip a house:- Retailing This is where you buy a house in bad shape, do the repairs to fix it up, then turn around and sell it.There are a variety of houses in need of repairs out there, and several ways that you can quickly flip a house to net profit. All you need to know are the techniques that will get you the most money in the least amount of time. Wholesaling Wholesaling is where you act as a third party middleman between buyer and seller. You will find the property, put it under contract with the seller, and then you will find a buyer to buy the property, making a profit in the middle. There are several you can do that. One option is assigning the contract itself from the seller to the ultimate buyer. The other option is by doing a dual closing. In a dual closing, as the real estate wholesaler you will buy the property and immediately sell it to the buyer on the same day.To do this, you’ll need to know the real estate investors in your area, the types of homes that flip the best, and how to fund your property so you can flip it to them. Assigning the purchase This is where you commit to buy the house but instead of closing the deal yourself, you assign it to a real estate investor for a small fee. The investor will take the contract over and close the purchase themselves. An assignment of purchase and sale agreement is a real estate transaction contract that defines the parties and terms of a real estate purchase. This agreement allows the original purchaser of a property to transfer or assign their rights in the deal to a third party. You don’t need to have your contract worded any special way to be legal, although you will need to determine the assignment fee.