has anyone has any stories to tell about investor who made during the boom from 2007 to 2010 by just flipping ?
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has anyone has any stories to tell about investor who made during the boom from 2007 to 2010 by just flipping ?
.
Whats the criteria? Made at least 1mil net profit during the period?Originally Posted by Lovelle
Ask mcmlxxvi
"Then i buy and sell properties more often than buy new underwear liao.."
Either he's "super flipper" or never change underwear.....
Wei sh... ShhhhhhhhhhhOriginally Posted by sh
devilplate, bless his humble soul, made what most people would earn in 20 years by just flipping during that periodOriginally Posted by Lovelle
any amount also good la...no need 1 mil. any good story must be told...
I more inclined to accumulate pptyOriginally Posted by mantrix
I love to flip stocks
i know someone who bot 2 citylights unit and flip for 10% profits within 2 mths in 2007.
the biggest flippers are the property agents lor...
Originally Posted by Lovelle
Lovelle is taxman from IRAS! Dun fall for it!
i taxman. Even taxman also cannot anyhow catch anybody ...
can pm me also can...
really ? i owayz suspect why everytime i at a launch. many units oredi sold.. i oso suspect the A ppl bot it firstOriginally Posted by Wild Falcon
Once upon a time not too long ago...
In a republic not too far away...
New projects can be bought by any lass.
With just 20% down, no questions asked,
It's called the deferred payment scheme.
Flipped before, the condo is complete.
Fat profits are made, with leverage to the max.
Alas... such good times cannot last...
The golden age of flipping has gone fast....
Ok i oni can say from 2007 to 2010 i bought 8 sold 5... Starting from 0.Originally Posted by Lovelle
DPS , you just pay 5% deposit and 95% loan right ?
The title of Super Flippers can be yours...we wait for the next challengerOriginally Posted by mcmlxxvi
For OCR and CCR fans sake, can you break down your units of CCR vs OCR ?
teddy vs regulators
No lah... 20%... 80% loan at that time.Originally Posted by Lovelle
Unless u go for 10% down, 90% loan. Not sure leh...
I know quite a number of agents flipping OneNorth option for average of $80,000 per unit (many units) when 1 Rochester was launched.
How do u define flipping.....holding period how long?
I also bot quite number of options from flippers......to the extent of no viewing of properties....These agents made about $50,000 to $80,000 from me.
flipping should be within the period 2007 to 2010. Yo, sorry to hear your story but i think you are papers did not depreciate, may in fact gain in % right ?
I think there was one time 5% and 95% loan. Parc Emily was one of those got buyer waiting for you at showflat entrance.Originally Posted by sh
i wear Fit Flop so considered super flipper lah
Those good old days in 2006/2007, like the case of The Esta, u just need to pay 10% under deferred payment scheme, and hold for 6 months, u made $300,000-$400,000.
The Sail got the most number of flippers rite?
i missed the fun....
good story , keep it coming ...Originally Posted by Laguna
some condos take 6 years to climb that amount.
mabe tok about more recent stories? from last yr till now...which project has the highest pct gain?
those who made the most fr The Sail are mostly those who hold > 4 years....Originally Posted by devilplate
yes, Sails, MBR...many.....Originally Posted by devilplate
me too, truly missed those exciting days......
For latest project that gained the most in % , shld be caspian after the launch of LF.
Also look at those in Sentosa
those around cashew and diary farm too