QUOTE(Rooney1985 @ Jun 20 2013, 11:56 AM)
Oh.. so are you implying that its not advisable to stretch one's financials? If so, then is it advisable to stretch 8K to buy a 800K property? hmmmm... 
bear in mind if one spend 1k out of 3.5k net income (29%+) or 3k of out 8k (38%) is very different one le, 30%+- from net income but net free cash flow is different. 3k out of 8k net income i think is ok...have enough holding power. if the location is not bad...the area is good...why not ? bear in mind is 1st prop will occupaid for own stay in future...
thx for your practical view, i got what u mean
This post has been edited by blowwater101: Jun 20 2013, 12:04 PM
Jun 20 2013, 12:03 PM

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