According to an article in the difficult to pronounce vos iz neias, home flipping is on the rise in the country. See article here...http://www.vosizneias.com/232297/2016/03/03/new-york-home-flipping-exceeds-peaks-in-some-hot-u-s-housing-markets/?utm_source=mailinglist&utm_medium=email&utm_content=posttitle&utm_campaign=morningnews
Where else can someone make 50,000 to 100,000 dollar profit in such a short time? This is the only way. However, it comes with a risk. If the market tanks, then you lose even if you fix up the place.
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