House Flipping - A Guide to Flipping Houses

Flipping real estate has become a hot topic in recent years, largely due to the exposure it gets on programs like TLC's Flip That House.

But before you get bitten by the "house flipping bug" and plunge headfirst into a flipping project, you'll want to do some research and learn about the house-flipping process from start to finish. Only then can you decide if flipping houses is the right kind of real estate investment project for you.

Flipping Houses: 5 Secrets to Make Money
Investors with experience can translate negative reports of house flipping into a lucrative aspect. This is because they know that negative reports can be translated into a profitable business.

A Beginner's Guide to Flipping Houses
If you're dreaming of making money in real estate, it's time to stop dreaming and get to work. It can be done, even by a young and inexperienced person, when you learn how to "flip" houses.

Flipping a Rehab House
What is "flipping" a rehab? It is making an offer on a fixer-upper, and then selling the contract. It can mean fast profits with little risk. This article offers tips on flipping houses in need of rehab.

Flipping A House For Real Estate Profits
Basically, there are three ways that you can flip a house, although each one has its own terms, motivation, and type of property.

House Flipping - 3 Steps to Success
Do you know the three steps to success when flipping a house? If not, you'll want to read this article on house flipping.

Is Flipping Good or Bad?
House flippers disagree. They contend that by buying, for example, decaying houses in nice neighborhoods, they are helping beautify the place. The renovated houses not only add beauty to the locale, it also adds to the location's market value. Flippers also say that they get minimal profit in their investment.

House Flipping Info For New Investors
Contrary to the popular notion that flipping requires a lot of start-up money, you can easily begin investing in house flipping business with absolutely no down payment. It can be done through several loan programs and help from sellers regarding the closing costs.

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Additional House-Flipping Resources

To make your research process even easier, I took some time to scour the web in search of good resources on house flipping. The "fad" of flipping is relatively new, but I was still able to find some useful information online. Here 'tis:

How a First-Time House Flip Went Bad
This article does a excellent job sharing details about a particular flipping scenario that turned out bad for the flipper. As with anything in life, it's a good idea to learn the wrong way in order to recognize the right way. This article applies that notion to house flipping in a well-written fashion. Kudos to the author for sharing his insight.

TLC's Program "Flip That House"
This is the website for the popular TLC program about house flipping. In addition to offering a show schedule, the site has step-by-step overviews of each flipping project, as well as before-and-after photos and video clips. Great stuff for the aspring flipper!

Here's an excerpt about the television show, taken from the above website: "This half-hour reality series brings the viewer into the latest trend in 'buy-sell' house renovation known as 'house flipping.' Each episode will follow the transformation of a different house, each with its own 'flipper/host' familiar with home renovation and real estate.

What to Know Before You Flip
This article at Mortgage News Daily looks at house flipping from a financial perspective. Specifically, it's a Q&A session about the financial risks and rewards of flipping. A pretty good read.

House Flipping Still Offers Opportunity
Here's an MSNBC piece from April 2007 talks about the fact that the "flipping fad" has declined somewhat, but goes on to state that a flip can still be a good investment ... when done right.

Related: Real estate investing tips