Definition
Purchasing a property, improving it, and reselling within a short period for profit.
Example
The flip closed 143 days after purchase with a net profit of $38,400 after all costs.
Related terms
Frequently asked questions
What does Flip mean in real estate?
Purchasing a property, improving it, and reselling within a short period for profit.
How is Flip used in practice?
The flip closed 143 days after purchase with a net profit of $38,400 after all costs.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.