CNBC: Housing flipping: It’s riskier but more lucrative

“Higher home prices are making house flipping harder, but more lucrative. Flipping, which is generally defined as buying and selling a home in the same calendar year, was popular during the housing boom, when investors could get easy mortgage financing. Now investors need cash, and as lower-priced, distressed homes dry up, they need more cash.” -CNBC
READ MORE: http://www.cnbc.com/2015/08/06/housing-flipping-its-riskier-but-more-lucrative.html

image by CNBC

image by CNBC

image by Investopedia

image by Investopedia

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