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What makes flipping (real estate for example) illegal?

Asked by flo (13313points) June 17th, 2013

This is a straight forward question and not a suggestion that it shouldn’t be. Added: I know not all flipping is illegal.

“House flipping can be perfectly legal but the promise of a quick financial return has the propensity to draw unscrupulous individuals who may utilize unethical or fraudulent means to close the deals.” From ehow.com

What does that mean?

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