Los Angeles Times

L.A. County house-flippers average over $140,000 in profit, study shows

LOS ANGELES - The flipping market is hot in Southern California, and for those who have the resources to rehab a home, six-figure profits await.

According to a new LendingHome study, which pinpoints California as a home-flipping hot spot, there were 151,873 homes flipped in the state from 2013 to 2017, with an average profit of $101,900.

Flipping refers to the

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