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> property flippers come in

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jyll92
post Jan 13 2016, 11:31 AM

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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
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Ur assets need to have the same value as the two properties you bought for u to loan. Which era are u living in

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