Flipping homes is en vogue. ATTOM Data Solutions reported that 207,088 single family homes and condos were bought and resold last year – almost 3,000 more than in 2016. This is the highest level of flipping activity since the height of the last boom in 2006.
Be careful of trusting TV shows and real estate gurus who make it sound easy. Flipping a home for profit is a lot more risky than some sellers might lead you to believe.
Here are 10 ways to protect yourself.