The huge financial rewards of selling in a rapidly growing market make flipping a very attractive prospect for investors who can cash in high profits and re-invest in newly emerging markets.

But is it worth the risk?

Selling before completion is known as reassignment or, more commonly, flipping, where only a minimal payment is made and the property is sold in order to cash in on very quick, huge capital growth in the market.

Property Secrets takes the view that the best and least risky strategy for property investment in any market should be based on medium to long term ownership. But while calculations and projections should be based on this strategy, that doesn't exclude the possibility of flipping if all the circumstances happen to be favourably aligned.

But it can prove very lucrative.