House flipping’s status as an aspirational American pastime took hits during the recession but, like disco or SUVs, it has never gone extinct. It is returning — with a vengeance. Cable TV shows glorify expert flippers and infomercials flog seminars for novice investors eager to dive into this risky market.
As many housing markets stage a recovery, there is a deep inventory of foreclosed or bank-owned properties that investors can tap at below-market prices………………………………………..Full Article: Source