Want to share my exp and future plans

im 27. Started working in 2010. Bought 1st prop in late 2010 at 270k. 10% dp borrowed from papa. Paid within 3yrs using company bonus. Now staying in the unit.

bought 2nd prop at 220k in mid 2011. 0 dp after 10% rebate with DIBS. just got vp last month and under reno for rent out.

now securing another unit at 350k using company loan. MOF is 100%. Dev offer early bid rebates so i'll get 35k once disbursed.

im refinancing the 1st prop at 400k so got abt 110k cash out. Still within lockin period but coz now BNM announce new rules so i better refinance fast or else tenure is 10yrs only.

total cash in hand 145k. Plan to buy a subsale abt 200k with good yields (mentari court? Flora damansara? Lagoon perdana? Pelangi damansara?). Need 30% dp this time so ard 70k inc legal.

left 80k will put in several vehicle like gold, unit trust, etc. This amount also served as emergency fund to help my holding power when no tenants.

so taikor taijee any better way to improve my plans? Esp on the subsale part. Any other better yields unit?

thanks in advance

put in loan acc will gain 4.3% p.a..looking for something higher (at least 7-8% p.a)

agreed on the double edge sword..

with all 3 props + other commitment, it went slightly above 100% lol...

but since using company loan it wont appear in CCRIS thus maintaining at ard 69%

+1

if buy new prop / undercon quite hard to accumulate fast coz need to wait for cons to be completed in order to release some DSR by renting out..if buy sub sale at hot location (easy to get tenant) i think this the best way..

dont know abt banks rejecting tenancy aggrement, coz my banks ask for it too..i think maybe just can leave that bank and move on to others

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 ???