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Flipping is a process of purchasing, holding and then selling real estate for profit. It is actually an investment strategy that helps you make money without allowing ownership. When you flip real estate contracts you assign the contract to some one else in turn of a commission. That’s the way of making money. You will be surprised to know that a lot of people are making good living from Flipping Real Estate. Fix and flip is a more complex process of investment. In flipping contracts you do not take the possession of the property and you don’t need to take mortgage as well.