Kanye West & Kim Kardashian Flipping Houses -- Ellen's Got Nothing On Us!

Kim Kardashian and Kanye West don't see bedrooms and bathrooms in their new mansion ... they see dollar signs ... and that's why they're going to sell it and officially enter the house-flipping market.

Kim and Kanye bought an $11 million mansion in Bel Air last year and did a major redo. Their plan going in was to live in it, but sources connected with the couple tell us ... they've been told they could make millions if they sell it so, like Ellen, they're saying 'Why not?"

But this won't just be a one off. We're told Kim and Kanye enjoyed the renovation process so much they've decided to make it a side business. Their plan is to renovate several houses/estates a year.

As for why they think they have what it takes ... actually, their angle is that they know the best people in various fields of home renovation -- architects, landscapers, interior designers, etc.

As for their living situation ... we're told Kim and Kanye are happy living with Kris Jenner for now. Plenty of space, and a built-in babysitter.