More investors are taking on the risk of flipping homes, despite falling home prices and sluggish real estate markets across the country. But investors say there are still profits to be made in the house flipping business.
Nearly 1 million homes were bought as investment properties in 2010, according to the National Association of REALTORS®, and a record number of buyers purchasing properties with cash currently are flooding the market (investors make up 40% of the current home sales market, with 35% of them being all cash buyers).
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REALTOR® Magazine-Daily News-House Flippers Return, Still Finding Profits
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