02-10-2014, 11:40 AM
"Flipping houses" used to be done by professional carpenters and was not "flipping", it was legitimate restoration work. These programs bring every novice get rich lazy idiot with a few extra bucks out of the woodwork to half a$$ once over a home and flip it. Most of these novice idiots never realized they could have sat on the home for 2 months and turned a profit through the over inflating market values.