Flipped out!!!

A few years ago when the market was good, many people bought 2nd (and 3rd) homes as investment properties.  Many of these "investors" were flippers.  Buy low...  Sell high...  Make a boatload of cash!!!  

Well, the market isn't so pretty anymore, and those who were unable to sell before the market crashed, are having to rent out the homes that they intended to flip, and usually at a loss.  

Folks, be aware that there are those who know they are losing a property, so they rent it out, and pocket the money until the property gets foreclosed by the bank.  At that point, the renter, who may have been paying rent for six months or more, is evicted!!!

Be careful not to get flipped out!!!  ;-)