real estate flipping
Buy, renovate, sell
Real estate flipping is buying property with the intention of reselling it quickly for profit rather than holding it long-term.
Flippers typically purchase undervalued homes, renovate them, and sell within months: She made six figures flipping houses in Phoenix.
The strategy depends on rising markets or adding value through improvements.
Also called house flipping or simply flipping.
- renovationRestoring to good condition
- profitGain exceeding expenditure
- investorOne who allocates capital
- fixer-upperProperty needing extensive renovation
- contractorHired construction professional
resale · as-is sale · mortgage · bidding war · property · wholesale · rehab · quick flip · closing · appraisal · equity · house · market · flip · deal · cash · hard money · permits
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