Before I go any further, you first need to know what the term property flipping means. Property flipping is generally defined within the real estate investment industry as: "the process of buying a property and quickly reselling it for a profit."
Today, thanks in large part to news reports by the media, the term property flipping has pretty much become synonymous with fraud. But contrary to what many uninformed members of the media would want the American public to believe, there is absolutely nothing illegal, immoral, or unethical about making an honest profit from legitimately flipping a piece of property. It is called capitalism and is what our economic system is based on. And I happen to be an unabashed capitalist and damn proud of it!
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