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10 Top Places to Flip Houses in 2012
 
USA TODAY posted the article, 10 Top Places to Flip Houses in 2012, on October 9, 2012 about the 10 top places to flip houses in America. It's such a great market that even Wall Street hedge funds are getting into it. They can buy up large bulk of properties in cash thus competing with the small investors. Obviously, someone is buying these flipped property that makes the game less risky. Most are purchased by first time home buyers looking for that starter home. Location is always a major factor. According to the article, Seattle-Tacoma-Bellevue, Washington is #10 on the list with average home price at $306,878 with an average days to fix and re-sell of 113 days. 1,446 homes were flipped through mid-2012.  I love it! Average gross profit is $58,930 in the Seattle Metropolitan area. New York-Northern New Jersey-Long Island, NY being the #1 place to flip houses.
 
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I love the show "Love It or List It" however unpractical it is. I have never run across a seller that would do that much repair and improvement just to figure out whether they will love it or list it. It's a risky market and risky business so if someone ... more

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