Wanna seek for Some advice from experience investors .

I bought a property in PJ. Under MV for RM 280k in 2010. VP after sign S&P. Stay free for One year. Cause wait for transfer.  Been renting it out since 2012 for RM2.7k per month. I rented out my property While currently Staying in a Rented house for RMl .3k . My monthly installment IS Rm 1.4k. DO you think it's advisable to sell off my property now and get the profit to buy my own stay property & few more properties for investment? MV for my condo is Rm 480k at the moment. Planning to sell @ RM 500K at least.

Yeppers, A very Positive cash flow.. but im staying in a rented house.

At least, if i purchase my own stay house, it become my own house. Instead of renting.

Need some down payment to purchase a landed property while at the same time, Wanna use the profit from the sales to use as down payment for Own Property and will buy few more other properties for investment..

Do you think it's a good move? Need more input from those experienced investors.  

Thank you very much for your ideas   Appreciate it!

Example was given based on my experience and current position actually, LMAO.
I have 2 properties already, market value of each one is around RM300k+ now. Planning to get another one, around RM350k, but it means having to fork out 25% of the purchase price since LTV only 70% for the 3rd property. Luckily developer giving some rebate to cushion the impact. Regret that I diversified too much... :-(

I think I won't be touching properties for a long time (at least a few years down the road). Because if I do, I will sell my first 2 properties in order to buy my next one (so that I am entitled to 90% loan). And both still are within loan lock down period. Might also be taxed for RPGT since net profit will be more than RM100k for the first property. Damn.

Hahahaha, triumph card for a net profit of RM120k only? LOL
That means a tax of RM12k if within 2-5 years.

To make matters worse, exemption is for RM10k and below.

I think I'll only use triumph card much later on in life, then dealing with profits of a few hundred k...

for b is it whichever is lower?if tax <10k we can claim for exemption regardless how many time we sell?

Rpgt increase > subsale price increase > less people can afford > rental demand increase > rental rate increase > can hold longer until 5 yrs > sell ???