Buying an selling websites is pretty easy process, as long as you know what you are buying. For instance, there is very little point in paying for a website with a low ranking domain name with CMS that you won't be able to use. You'd be better off using Market Samurai and see what domains are good, set up some cheap website hosting and develop a website using Wordpress. This whole process will take you less than 2 hours, so the price of the website flip that you are trying to do should be less than what ever your rate is multiply by 2 hours.
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