property flippers come in 
Jan 13 2016, 10:26 AM
QUOTE(silent_stalker @ Jan 13 2016, 10:00 AM)
U have rm300k cash. U buy 1 property cash. After 5 years u sell value at rm400k, u get rm100k profit.
If take loan, u buy 2 ptoperties with 30% dp. After 5 years, u sell both at rm400k value. U get rm200k profit. While waiting for 5 years, u can use the balance of that rm300k to invest in something else
I knew some flippers who use cash.... this is the real flippers who is not afraid of any economy crash as they can sustain... afterall cash is still king...If take loan, u buy 2 ptoperties with 30% dp. After 5 years, u sell both at rm400k value. U get rm200k profit. While waiting for 5 years, u can use the balance of that rm300k to invest in something else
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