FLIPPING GAME-EXPLAINED (PART 3)

Step 4: Repeat—But Smarter

Most developers offer payment terms that stretch between 3 to 6 years. That meant flippers didn’t need to go all-in on a single unit. Instead, they could:

+ Take profits from a previous flip,

+ Spread them across multiple pre-selling units, and

+ Only pay the minimum downpayment on each.

Think of it as using the developer’s payment terms as leverage.

And as long as:

+ Prices kept rising

+ Demand stayed strong

+ Developers allowed reassignment of rights

…the strategy kept printing money.

Priority List Redefined

As demand exploded, developers didn’t just want buyers anymore—they wanted big buyers.

So they started rewarding those who submitted LOIs for multiple units, pushing them higher up the priority list—often right behind their VIP repeat buyers. And naturally, the market responded.

Enter the flippers’ next move: Fund pooling.

Buyers began teaming up to reserve more units and climb the LOI queue. It was technically against developer rules—but if you knew where to look, it was happening. Quietly. Often.

Bending the Rules (and Sometimes Breaking Them)

Some brokers took it even further.

To gain an edge, a few began building professional-looking websites that mimicked the developer’s official pages—then marketed the project publicly even before the License to Sell (LTS) was released. This was a massive breach of protocol. But they continue to exist. Better yet, they worked. By the time of the launch, these brokers had already funneled interest and gathered LOIs—giving their clients prime position early.

And just like that, being first in line became the real currency of flipping.

Summary:

If you wanted to win, you followed these steps:

1.⁠ ⁠Buy early. Secure the best units at the lowest prices.

2.⁠ ⁠Exit before turnover. Sell your contract before taxes kick in.

3.⁠ ⁠Optional: Spread your capital. Maximize exposure by putting the minimum down across multiple properties.

It was almost like musical chairs—except everyone kept dancing as long as prices rose and demand stayed hot.

But what happens when the music stops?

We’ll break down the risks and the cracks forming in the system in the next post after Holy Week.