Hi guys,
Need sifu's advice here. I bought 250k property for rental and investment(need to put some money in property for some diversification). Most probably I won't be living there, worst case, I'd be living + rent the rest of the room. I'm planning to sell it after 5 years or more and get bigger house.
My question is, is it advisable to get 5 or 10 years MRTA (not full coverage) to minimize the cost since I'm gonna sell it after 5 years? I think it's the best way to get asset protection and positive cash flow at the same time.
Hope to hear your thoughts. Thanks in advance
Financial MRTA vs MLTA vs Term Plus..., whatever they call it
Dec 8 2011, 12:08 AM
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