Flipping Real Estate: Legitimate Buying And Selling Of Property?
The term "flipping" real estate has gotten a bad name in the press, as a suspect way of buying and selling property. Buying property at a low price and selling it higher is legitimate, but the practice of "flipping" real estate can be suspect. Some people who flip real estate falsify documents to make the property seem worth more than it really is after making modest improvement, which is why the term "flipping" is better left out of the equation.