Updated about 12 years ago on . Most recent reply
Larger Home
I have successfully flipped a number of properties. My typical property has been under 2000 sq ft in a good neighborhood with good schools. I have an opportunity outside my past experience. The home is nearly 5000 sqft and in an older established neighborhood. The public schools are not good but the neighborhood is often occupied by families whose children attend the private school close by but, homes in this area do sit on the market a little longer than the ones I typically do. On paper this deal is good but, I have reservations about the relative cost of this much larger home. I want to hear from you guys (or gals) with experience. Should I take this deal or keep looking and stick with my typical deals. Experiences that would sway me one way or the other would be helpful.