Here in the UK you open a Paypal account, verify it with a virtual card open a Ebay account and ebay gives you a selling limit of £650 and 10 items, you 'sell' a couple of iPads, the money goes into your Paypal, you have it verified so you order some stuff on Ebay and cash in.
Then Repeat.
Sounds so easy but I have never done it because it probaly is too easy.
Does anybody do this on a Full Time Basis?