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Into the business of flipping business. still a risky business. rebecca jarvis talks to one group of investors to find out how risky it is. reporter: lisa, a stay-at-home mom and her friend and her sister are first-time flippers, trying to get into the game. a lot of people would say, you should never get into business with friends or family. we did both. reporter: and they re hoping there s still money to be made. we definitely missed the hey day of really cheap housing but we were worried we would have trouble reselling it. reporter: they bought this modest three-bedroom for $150,000. what did it look like when you pulled up? awful. it was a dump. the kitchen floor was sinking in. you walked in and you were kind of crooked. the yard was a jungle. reporter: between renovations and real estate fees, they put $60,000 into the project. figuring things out as they went. that looks like a standard. 13 1/4 by we sound like we know what we re talking about. ....