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Steve
10-15-2004, 11:26 AM
It's one thing to buy a house to call home. It's quite another to buy property with the sole purpose of turning around and reselling for a profit.

It's called flipping, and in the coming months, a dozen aspiring real estate investors experience this firsthand ** on camera, no less ** as they attempt to buy, remodel and sell property within a period of six months.

Flipping is the subject of an upcoming reality television series with the working title "Property Ladder," scheduled to appear on The Learning Channel in May 2005.

Read more here. (http://money.cnn.com/2004/10/12/real_estate/investment_prop/flipping/index.htm)