If you shop around and look at different areas, you might find yourself very surprised at just how many homes are available at cheap prices. It's important to ask your property agent to spell out the different types of taxes before signing the deed to the property. Currently 70% of all homebuyers start their search online (and this number continues to grow). The practice of purchasing investment property and quickly selling it for a profit is commonly known in investment circles as 'flipping'. Homes that sit on the market usually get lower offers because home shoppers think that there's something wrong with the house and that the desperate home seller is an easy mark for a low offer.