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> Utusan cashes out in property unit for RM48m, duit makin kurang

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Intimidated
post Dec 22 2015, 10:18 AM


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Joined: Dec 2007
QUOTE(raayeop @ Dec 22 2015, 10:11 AM)
Yup .. Like thia, better do this business only
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i think is they loan from bank liao

like housing loan like that

technically you only put in, say 50k deposit, then installment several months 50k = total 100k invested

then you sell it

even though the building was sold for 48 million, you don't actually pocket the whole thing, just the difference between loan and sales price

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