House flipping — buying and renovating a house to sell for profit — is currently the hottest trend spreading through the real estate industry. A "flip" occurs when an individual purchases a home, remodels the home in a short period of time (anywhere from 3 weeks to 4 months) and then re-sells the home for a profit.

Flip That House is a new series for Discovery Home that dives into this very craze. Each episode is a fun, fast half hour that will document the entire flipping process of one house.