In the past, buying and selling various forms of real estate was a lucrative career choice. Unfortunately, after the housing market crashed, the United States suffered a $7 trillion loss in home equity. Millions of homeowners and investors lost a portion of that housing wealth. If you are considering flipping a piece of real estate, consider these tips to ensure you make a wise financial investment. Buy Low While obvious to hear, buying at the lowest possible price is key to successful flipping.