Flipping Without Flopping

Posted by Bonnie Martin Designated Broker on Tuesday, October 16th, 2012 at 7:57am.


realtytimes.com - The promise of turning a quick, hefty profit on house flipping can be irresistible, but it takes a certain investment savvy not to flop on the flip.

Flipping is a real estate investment that involves buying a distressed property, swiftly improving its value - typically through physical upgrades - and then selling it at a higher - than - purchase - plus- improvements - cost, in order to pocket a profit.

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