When the location is flat you will have to know up front that buying a property for flipping real estate will require some understanding. You will not want to be required to limit yourself to purchasing a house that you will need to live in. In which case, that means you buy a investment and live in it until you flip it. In such a market you will really need to get ahead on the competition. You won’t be able to sell it any higher than what the area brings. Therefore, you need to tie it up at a huge discount to retain a reasonable profit if you are planning to do this the old way.
In this case buyers will start by doing research on listings in the current areas. Given the current real estate areas and the number of motivated sellers, wholesalers who are are profiting very good. No matter what you decide to do, when all is said and done, you have to determine the profit you made against the amount of risk that was involved getting the investment successfully wholesaled. This is why faster low risk strategies like wholesaling houses are recommended
Remember to educate yourself about flipping houses and/or consult a qualified colleague before you decide on any new investment company and personal finance pursuits.