Rizal Philippines
July 19, 2019
I learned the details of flipping being done by a former subordinate, now a millionaire in flipping, He closes the deal on the property on Friday makes a modest down payment, , has the subdivision plan done on the week end. He has a photoshoot for a purported ground breaking with the agents on Monday, and has reservation and down payment on Tuesday. The payment of the end buyers will be used to pay off the land owner.
Sinful, illegal? But it is smart. It is the way to make your millions. (The only illegal thing here is there is no License to Sell)
However a seasoned businessman I talked to this morning, doubts whether that really happened
His earliest flipping he said was done in 6 nmonths, but not 5 days.
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