Flipping Houses

Financing is difficult for new home builds in Edmonton.  We have found it easier buying old run down houses in down town Edmonton and making them beutiful to resell for profit.  We do everything to the old home to make it new, from ABS plumbing to R40 insulation, but we generally only do electrical upgrades for others.  We find electrical upgrades such as pot lights, decora switches and plugs, get up to ten times their cost back on the sale of the home.  Electrical service upgrades dont get the same huge return but they do prevent deals from falling through which we see all the time, because banks won't finance older homes with 60 amp services.