Newly completed condo unit to flip for quick profit

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Question

Why is it usually a bad idea to buy a newly completed condo unit to flip for a quick profit? A Because it's illegal to resell a unit in a condominium building in the first five years of ownership B Because you can't sell a unit for more than the asking price of other available brand new units C Because the high construction costs on modern buildings means that the developer may have cut too many corners D it's not bad idea because many buyers want to buy a new unit.

Reference no: EM133732534

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