The number of people flipping property in the U.S. hit new highs during the beginning of this year, and the profits made from those flips also reached new levels.
I’m Kathy Fettke and this is Real Estate News for Investors.
In the first 3 months of 2016, 6.6% of all single family home and condo sales were flips. That's 43,470 properties and reflects a 20% increase from the last 3 months of 2015.
It may sound like the flipping business is picking up major speed, but in reality...
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