What Is Illegal House Flipping?
House flipping is the practice of purchasing a home at a bargain price and reselling it as quickly as possible at a higher price for a profit. House flipping can be perfectly legal but the promise of a quick financial return has the propensity to draw...
Flipping can sometimes also be a criminal scheme. Illegal property flipping is a
fraud whereby recently acquired property is resold ...
Emerging fraud trends: Illegal property flipping with cash-out purchases. A well-
known practice in the real estate industry is property flipping. Flipping is a legal ...
You must know what illegal house flipping is and what it's not before you set foot
into wholesaling real estate or even rehab real estate.
Flipping a house is a practice that has been done by many. While it ... those who
take the time to do it fast and beneficial rewards, it can also be done illegally in so
Mar 18, 2013 ... Geoffrey Montani, 36, and Kenneth Jones, 50, both of Portland, Oregon, were
sentenced to 15 months in prison in separate hearings following ...
Apr 18, 2013 ... When the housing market went bust, house flippers went into hibernation. Now,
as the recovery creeps along, bargain-hunters are once again ...
Feb 15, 2013 ... Flipping property can be extremely profitable but the real estate industry is ... Is it
illegal to buy something at a low price and then resell it for a ...
When does property flipping cross the line into illegal fraud? Find out this answer
and more from a New York defense attorney.