mises.org — Real estate investors have come under fire recently, particularly for the common practice of "flipping" a property. An investor finds a seller who is willing to sell for a low price (perhaps because of imminent foreclosure or to gain immediate cash to pay other debts), then immediately attempts to resell the property to a third party.
Oct 23, 2006 View in Crawl 4
curthowlandOct 23, 2006
Something also overlooked are the expenses in selling a house. The "flipper" is not making the gross quantity by any stretch.Such minor details are usually overlooked by regulators who just want more of your life to control.
macewanOct 24, 2006
Flipping isn't sleazy in my book.
stoanhartOct 24, 2006
Hey, look, and easy one: No.