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This home's 72-hour fast flip brings long-lasting results

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House flipping is one way people are taking advantage of the hot housing market right now. So why not tap into that demand to help others? One fast flip could have lasting impact for a lot of people in need.

Toby Tanser is amazed by the transformation taking place right in front of his eyes.

"I saw this place a day ago," Tanser says. "And I can't believe what I'm seeing right now."

He and dozens of people working to make an older house that looked pretty basic when they started, into a masterpiece ready for sale.

But here's the catch: They're doing it in 72 hours.

"All these people here they're volunteering their time," Tanser says. "They're volunteering services. They're coming together for people they're never going to meet in their lives which is an incredible and inspiring thing."

The volunteers are professionals and regular folks, all at the house with The Buy Out Company. The company usually buys homes, fixes them up and sells them for a profit. But in this case, the money they get after the house sells, will go to charity. That's an estimated $100,000.

The company says it makes every step all the more fulfilling.

"A little bit more a sense of accomplishment," says Graham Glauser of The Buy Out Company. "And being able to do that to be a part of it. And then for the great causes as well that it's going to go on benefit."

The work done here translates to money for a Denver area cross country team and a leadership team. And it also means money for two organizations in Africa. One helping women become more self sufficient. And the one Tanser leads, helps children get access to books.

"Most of the children don't even have a book that they've ever held in their hands," Tanser says. "Yet we're going to be able to give them a state of the art library where kids can go. The whole community is going to be changed because of this project."

Volunteer Jens Anderson thinks that's well worth his time.

"It feels great to be able to help them," Anderson says.

And he's receiving as much as he's giving.

"I definitely think it builds communities," Anderson says. "And growing closer together as we serve together."

Flipping the script on flipping houses. Giving new life in more ways than one.