{"id":3455,"date":"2018-02-20T02:51:55","date_gmt":"2018-02-20T02:51:55","guid":{"rendered":"http:\/\/www.realestatewords.com\/?page_id=3455"},"modified":"2023-11-30T15:54:04","modified_gmt":"2023-11-30T15:54:04","slug":"flipping","status":"publish","type":"page","link":"https:\/\/www.realestatewords.com\/flipping\/","title":{"rendered":"Flipping Real Estate"},"content":{"rendered":"<h2>Flipping Real Estate Definition<\/h2>\n<p><strong>Flipping<\/strong> in real estate means buying a property in disrepair, fixing it up, and then selling it for a profit.<\/p>\n<h2>Explanation<\/h2>\n<p>In a house flipping project, a real estate investment company or an individual buys a property in poor condition below its market as-is price.<\/p>\n<p>The property is usually bought for cash or with a <a href=\"https:\/\/www.realestatewords.com\/hard-money-loan\/\">hard money loan<\/a> from a <a href=\"https:\/\/www.realestatewords.com\/motivated-seller\/\">motivated seller<\/a>, often with mediation by a real estate wholesaler.<\/p>\n<p>The buyer repairs or improves the fixer-upper property by rehabbing it to make it market-ready. They sell it for more than what they paid for plus what they invested in the repairs.<\/p>\n<p>The general goal of flipping is getting <a href=\"https:\/\/www.realestatewords.com\/profit\/\">profit<\/a> in a fairly short period of time, usually within 3 to 6 months or a year maximum.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"shortcode_tabs horiz_tabs\"><div class=\"scT\"><ul class=\"scT-tab clearfix\"><li class='tS' style='width:100%;'><a>Expert Contributor<\/a><\/li><\/ul><div class='scTC scTC4' style='display:block;'><p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10493\" src=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2022\/08\/Logan-Bush-Real-Estate-Investor.jpg\" alt=\"Logan Bush headshot\" width=\"150\" height=\"180\" \/>Logan Bush<\/strong><\/p>\n<p><em>RESIDENTIAL REAL ESTATE INVESTOR<br \/>\n<\/em><\/p>\n<p>Expert contributor at RealEstateWords.com<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.realestatewords.com\/contributors\/logan-bush\/\"><strong>View profile<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/p><\/div><\/div><\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10688 aligncenter\" src=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2020\/03\/Real-Estate-Words-Contributor.png\" alt=\"Real Estate Words Contributor badge\" width=\"200\" height=\"168\" \/><\/p>\n<p style=\"text-align: center;\"><div class=\"su-note\"  style=\"border-color:#dadada;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#F4F4F4;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">Interested in becoming a contributor? Apply for our <a href=\"https:\/\/www.realestatewords.com\/contributor-program\/\">Expert Contributor Program<\/a>.<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Flipping Real Estate Definition Flipping in real estate means buying a property in disrepair, fixing it up, and then selling it for a profit. Explanation In a house flipping project, a real estate investment company or an individual buys a property in poor condition below its market as-is price. The property is usually bought for [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/3455"}],"collection":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/comments?post=3455"}],"version-history":[{"count":5,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/3455\/revisions"}],"predecessor-version":[{"id":11529,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/3455\/revisions\/11529"}],"wp:attachment":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/media?parent=3455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}