Along with rental property investments there is also a lot of money to be made in flipping houses. Flipping a property for a profit can be one of the most profitable and exciting things to do in this business. In a down market such as the one we are in now there are many cheap foreclosed homes on the market. Many investors are using this down market to buy these cheap beat-up homes and fix them up so they can sell them at a much higher price. Although this sounds simple there is one factor that has kept this process very difficult to do. Because banks aren't lending an investor needs cash to purchase these homes and most people do not have that ability. But if someone has the cash and the knowledge of the market there is a lot of money to be made in flipping houses.
Dias, Julian, and Andrew, Hansz "Investing Activity." Real Estate Analysis Enviorments and activities. Kendall Hunt Pub, 2010. 229-245. Print
Ogden, David. "Foreclosures - Fresno Polotics / Exmainer.com. "Washington DC News, Washington DC Information, Washington DC Events - Examiner.com, Web 07 May, 2001 examiner.com/popotics-in-fresno/foreclosures