The process of purchasing a property, adding value, then selling the property for a profit on a relatively short timeline. Also simply referred to as “flipping,” doing fix-and-flip deals may take a few weeks, a few months or, in some cases, upward of a year. However, this strategy involves selling on a shorter timeline than a buy-and-hold investor would typically employ and appreciation does not usually play a significant role in the profit on fix-and-flip deals.

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