Wholesaling vs Flipping

[Ben McMahon]

Im sure this has already been discussed at length, but why not ask the question again.  When does it make sense to wholesale a property?  To my knowledge I think I have only done it once or twice.  Whenever I see a deal I always go to the point of making the most money on it. 

I am probably in a different place than some because I have a company capable of doing the full rehab and resale.  I am just wondering what other people's experiences have been here?  Thanks

[Jeff Filali]

@Ben McMahon I offer every deal I get as a potential wholesale in case another investor is interested in it.  I'm fine with wholesaling it to another investor quick for a small profit of between $1K-5K, and moving on to another deal. But at any given time, I always have 8-10 deals in my pipeline and new leads daily. This allows me to move more properties and help other investors who may not be as good at locating deals.  As soon as I contract on a property I start sending the info out to other investors, while getting my contractors ready to move forward if it doesn't wholesale by my closing.  Sometimes, other investors want them, so we close and I move on to another property, if not, then I rehab them and flip them a little later or sell them with seller financing.  I look at it this way, if I wholesale a few per month, over a year that's 20+ potential properties moved and other investors I've helped, while making some money, and I'm still going to rehab and flip the same amount I would have anyway. Its a win, win for all involved.