Whats the difference between a wholesale and Wholetail real estate flip?

A wholesale real estate deal is when a person finds a property that they think is a good deal, then they put the property under contract with the seller. Then, instead of buying the property themselves, they sell their contract to someone else for a fee. The fee they charge is usually higher than what they paid for the property, and the buyer who takes over the contract then closes on the property themselves.

On the other hand, a wholetail real estate deal is when a person buys a property with the intention of quickly reselling it. However, instead of making any major repairs or renovations, they only make minor improvements, such as cosmetic upgrades or cleaning. Then they list the property for sale, usually at a higher price than what they paid for it, in the hopes of making a profit.

So, the main difference between a wholesale and a wholetail real estate deal is the level of involvement in the property. In a wholesale deal, the person only buys the contract and never actually takes ownership of the property. In a wholetail deal, the person buys the property and makes some improvements, but not major ones, before selling it.