10 mistakes that made flipping a flop

By Noelle Knox, USA TODAY
Updated: 10/23/2006 07:04
If there's a poster child for everything that went wrong in the real estate boom, it just might be Casey Serin.
In one year, the 24-year-old website-designer-turned-real estate-flipper bought eight homes in four states - and in every case but one, he put no money down. At his peak, in April, Serin had $93,000 he'd taken out of the homes as