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Question DetailsAsked on 3/24/2012

What does a "flip" mean in the real estate world, & are there any legal/ethical standards related to flipping a home?

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2 Answers


"Flip" means to buy a home, fix it up, and sell it quickly for profit.

Answered 8 years ago by JGHamm


"Flip" means that they will buy the property and then turn around and sell it for more money quickly. They usually upgrade it too.

Answered 8 years ago by American AC

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