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Flip That House? Think Twice

Don't let the excitement of the moment cloud your good judgment

The doubt surfaced hours after Lauri Lefner charged the $30,000 contract to two credit cards. She and her daughter had just left a three-day, $2,000 seminar with A&E's Flip This House real estate guru Armando Montelongo. House flipping is the rapid purchase and resale of investment properties, and when the seminar was over, Lefner and her daughter signed up for a more extensive program: a bus tour of distressed properties, followed by a year of coaching to help kick-start their own venture in house flipping. … Back to Article

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