Jul 7 2017, 03:10 PM
QUOTE(hioniq @ Jul 7 2017, 12:37 PM)
Invested in one condo and collected the key recently, my main purpose to flip for quick cash but unfortunately market is bad and hardly to sell now to make profit.
So in your opinion how long do I need to hold it before I can sell it off with handsome profit? The condo is epic residence bukit puchong, studio unit 624sf.
Rental can cover 70-80% of ur loan installment consider very good dy at this market environmentSo in your opinion how long do I need to hold it before I can sell it off with handsome profit? The condo is epic residence bukit puchong, studio unit 624sf.
If not just try to rent out as long as u receive some money
Market is not favorable for flipping now ....
Some more yours is studio? I dunno about others but my rule of thumb is dun get studio if u plan to flip
Looking at the condition, u better start raising issue about the African tenants, if u want get good appreciation
Wait for 2-3 years ba... if condition and management good, maybe got chance
Quote
0.0115sec
0.43
6 queries
GZIP Disabled