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 Loan Compression, For Property Loan

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luvox
post Dec 16 2018, 08:16 AM

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QUOTE(poilam @ Dec 16 2018, 01:21 AM)
Why compress loan related to stock investment ?
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Teach ppl how to "stock" up properties as well. 😂
luvox
post May 17 2019, 10:01 AM

On my way
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Junior Member
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Joined: Oct 2009
QUOTE(zcalex @ May 17 2019, 09:20 AM)
Spot on bro.
i'm not sure why a lot of ppl still thinking cash rebate could get you to be a millionaire at once by compress loan for multiple properties.
maybe i am a bit conservative; cash rebate is for us to cover the progressive interest, MOT, some part of furniture to easy rent out, and then with some cash to cover the first few years if rental doesnt match with installment.
New project normally sell to us with future price.
So you gotta bear with the negative gearing for a period, but what if you are running out of cash?

this is how subprime crisis happened. as stated earlier by someone
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Good rational thinking. Too bad some people dont think like this and blindly follow what other do and get into debt trap. I think they are future price, that 10 years later also may not increase much due to oversupply of highrise, airbnb, homestay destroyed the property value, Malaysia has plenty of land. Subsale price dint really appreciate much for some properties bought after 2012. Lelong property can get higher returns than new launch, if really wana make money

 

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