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 My old 1st house, what should i do?, Rent or sell?

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botaknet
post Mar 4 2017, 09:59 PM

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Junior Member
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Joined: Dec 2007
From: Kuala Lumpur


QUOTE(rockcacing @ Mar 3 2017, 11:38 PM)
Sell at 400k to buy a new one at 600k, need to get 200k loan to pay for next N years again, is that a good move?
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Good idea too...200k loan around 1k per month.

600k can purchase double storey landed.

Rent it out 1.2-1.5k depends on location. ( Positif cf few hundreds ).

Let the tenant pay for the house installment. Wait for few years.

Tada......wait the house mv goes up to 1mill. Simpan or sell it.

Repeat.

 

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