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Updated almost 4 years ago,
Flipping an Uncommon Property
Hi I am new to real estate and looking to flip this property. I found this beaten up cheap 119k bungalow in the eastern townships of Quebec. It is a 2 bedroom 1 bathroom, the size isn''t given, but it looks very small, maybe 700-800 sq feet. There is no flooring, no kitchenware, it looks very gutted, like if they were midway into renovations. I was wondering if it is risky to take this uncommon small sized property and renovate it for a profit, and even it is possible to be profitable... I've heard that I should buy cookie cutter properties that are beat up and then renovate, but I feel like this is smaller than a traditional home or cottage that someone would want.