Property flipper's main target is those foreclosed properties which are in the hand of banks and investors who are in a hurry to sell their properties
. But when Flipping property the investor has to be very smart and accurate. So property flipping involves huge profits if done with all the concepts of cost price and local market demand in mind. It also involves huge profits if there is no agent involved in the middle, this way the whole profit margin belongs to you, but you also have to keep in mind the cost that incurred to you while renovations and process of buying. So Happy Profiting!