Just curislity
you mean a house flipper I presume...
well from what I know it is pretty easy, as long as you have the credit necessary. You go in there, rip the place up a little bit, paint the walls, and fix crap the previous owner was to lazy to fix, and voila, sell it quickly before you get burned by interest payments... that's the risky part, and why it helps to have deep pockets.
You need a lot of money, great credit and some good knowledge about construction. You have to tell the difference between what is a costly repair and who to hire to save costs. Flipping is not as much as a secret anymore and the only real secret to flipping is that it takes A LOT of capital to do it.
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