Wonder why some people are so negative toward property investment ,
The higher one loan , the higher they leveraging on some one else money to make more money and it is a secure loan , unlike insecure loan

as long as the property manage to provide > 4.2% to 4.6% return per annum, it's a gain against the loan (provided the BLR = -2.0 to -2.4 , base 6.6)

exit plan = sell below market value and prepare to lost 30%, is it good exit plan? No need die or CTOS risk, can try again next time. Chinese said ''east wind will raise again''

one thing i learn during 97 crisis , there is always loads of people with cash reserve and people are always greedy.

This post has been edited by wanted111who: Oct 4 2013, 08:40 AM

I'm a banana

agree cyberjaya have tonnes of student and expat

the exit plan i suggested is for worst-worst case scenario , like other forum-er suggested , if no one rent

there is a secret , one can borrow more money few times higher than monthly salary.These might not apply to him however.

which is buy few property e.g. 3 at the same times and apply loan with 3 bank for each property within 14 days.

Bank can only check you're applying loan with another bank but they cant check which property is the loan for and it is normal for people to apply loan with 3-4 bank to compare the rate for one property.
of course, it isn't only limited to 3 prop, you can go for more prop but with higher risk
That is why sometimes we see the unit being lelong upon being vp, coz of over confidence in the investment

Edited, i will not recommend these play , i personally never resolved to these kind of play, it's basically a gamble more than investment, you win = million ringgit richer, lose = no turning back .That's my warning, dun blame me if things turn bad. borrowed some one quotation ''FLIP WITH OWN RISK''

This post has been edited by wanted111who: Oct 4 2013, 10:18 PM

agree only some project , not all . You know , i know . Reserving cash for secondary market in year 2016 - 2018 ?