I'm just wondering if anyone is still flipping with the state of the housing market?

I can't see doing it here, (MA, near cape) because the cost of even a low end house is still too high, and if you can't sell it, the rent wouldn't cover mortgage and taxes.

With two major cities, with low apartment rents, no one will pay $2000 a month for a house in the burbs.

So if anyone is still flipping, how do you get by if the house doesn't sell right away?

I am flipping 1 as we speak and I have another one under contract. I am flipping a house for a fellow poster on this sight. It's his house I'm flipping it for him. The 2nd is one I am doing myself. I found a buyer before I made an offer on the house. So this one is under contract and sold already. I expect to realize 50-60K profit on that one. My advise is find a potential buyer 1st and get them qualifyed for the end cost. My cleants will have approx 40K in equity when they take posestion of the house. Buying for 130K and selling for 245K. House needs much work. 7 bed rooms, 3 full baths.