Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Lu Ng

Lu Ng has started 1 posts and replied 7 times.

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

ok so school in session

i bought it for 420k 

houses are being listed at 530k-550k, which i think are way too high.

i will be doing most the work, ( for sale by owner) 

i  can repair cost way keep it way under 20k (build by owner) (I'm a very handyman, non-licensed)

the 4th room and the patio is definitely not permitted 

my realtor is only taking 1& and 2& to the buyer

so, what are your opinion, comments, and advices? 

thanks a lot

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

thanks henry

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

can you break down the closing cost 

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

your right 

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

10% of 520,000 is 5,200

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

closing cost is that much?!!?!

wow!

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

Hello there, i just purchased a home in garden grove california.

i begin work in a week. in the meantime i thought i would see if anyone would be interested in buying the home for off me for 460k arv 520k needs 15-20k in repairs

whats the best way to find property flippers?

thanks