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Define your term.
Oh Absolutely!1 in fact, it is legal to flip contracts in all 5 states!! I have been flipping contracts since 1999 and it is my primary income. Although i am also involved in other forms of real estate such as Buying Houses Subject To, Lease Options, and Owner Financing, flipping contracts is definitely the most fun, the easiest and the quickest way to make a big check in the real estate business.
My husband is from New York (we live in Flordida right now), and he knows some of his friends who flip contracts there and do quite well. When we visit his family, there are plenty of WE BUY HOUSES signs, which is a true indicator of investors that flip contracts.
It might be helpful for you to join a Real Estate Invesotr’s Association in your area. You can find a list of them here.
Good Luck!!
Tracy C.
The Tattooed Guru

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