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 Loan Compression, For Property Loan

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warface
post Jan 4 2019, 11:59 PM

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QUOTE(freedom8901 @ Jan 4 2019, 01:49 PM)
EPIC rclxms.gif

Why majority are considering compression for undercon, but not subsales? Besides the high entry price, subsales are far more sustainable with unbelievable below market offer.
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subsale need to sign spa and pay 10% first, if hiccups(bank retract or slash margin) the 10% hilang. Also, need more capital lo if compress - few 10% ..
unless markup- but legal and stamp duty still need to pay first only get reimbursed back after bank drawdown
warface
post Jan 5 2019, 12:03 AM

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QUOTE(freedom8901 @ Jan 4 2019, 05:11 PM)
True right, basically I am stuck with option 3 cry.gif

Lots of sifus out there are promoting option 1 and 2. Burn the money while wait for CA, then either sell or refinance. Super risky for me
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option 1 and 2 need to see property live longer or you live longer dy tongue.gif
buy 1 okie la, if compress many units.. can u imagine?
warface
post Jan 6 2019, 03:26 PM

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QUOTE(leodinouknow @ Jan 5 2019, 02:53 PM)
well, someone go casino prefer play baccarat, win or lose easy game. some others play roullete 36+0 number to buy, harder to win but the reward is bigger
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diff people diff risk appetite, high risk high gain.
make sure got backup plan, at least can u-turn biggrin.gif
warface
post Jan 24 2019, 05:38 PM

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QUOTE(leodinouknow @ Jan 24 2019, 12:37 AM)
i start with low cost apartment. of course all those risk i got think already before i start, and i think i can bleed 30years without dying. of course wont even think about second property or 3rd anymore, wont put salt to injured devil.gif
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low cost at least wont bleed die la. go for middle and higher range very sakit if -ve gearing

This post has been edited by warface: Jan 24 2019, 05:38 PM
warface
post Jan 30 2019, 11:16 AM

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QUOTE(AskarPerang @ Jan 24 2019, 06:53 PM)
Low cost is for first home buyer. Income also must not exceed xxx amount. Future sell back also hard to get buyer that meet that requirement. That is why capital appreciation for low cost wont be high. To further collect low cost property, via lelong is the easiest. No restriction.

If can afford, better go for medium cost property.
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yup true also. but i think low cost is very hot in the lelong market is it?

warface
post Jan 31 2019, 11:39 AM

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QUOTE(AskarPerang @ Jan 30 2019, 12:45 PM)
Yes. Some hot units investor willing to bid above market price coz lelong is the easiest way for investor to collect low cost property.
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cos of the competition ya. some one will go over their head whne competition is high and die die wanna win the bid biggrin.gif
warface
post Feb 27 2019, 05:45 PM

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QUOTE(leodinouknow @ Feb 23 2019, 11:01 PM)
til 1/6/2019
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why till 1/6/2019? can share bit pls? biggrin.gif
warface
post May 14 2019, 12:26 PM

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QUOTE(icemanfx @ May 14 2019, 01:30 AM)
Negative gearing is a poorperly guru favourite.
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like everyone is doing it nowadays. dont join the negative gearing bandwagon will be perceive as loser dy
warface
post May 14 2019, 12:55 PM

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QUOTE(trust4you @ May 14 2019, 01:26 PM)
Why u want to earkarli with alot of rice?

your 4x property can rent out right? just play the rental game until u find the right buyer and sell out.  drool.gif  drool.gif  drool.gif
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can sell out eat abalone also can drool.gif
warface
post May 17 2019, 11:25 AM

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QUOTE(pinksapphire @ May 16 2019, 11:57 AM)
What is negative gearing yea?
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means rental cannot cover installment. Eg installment 2k you only rent 1.3k (market condition), so owner have to bleed RM700 every month.

warface
post May 17 2019, 05:39 PM

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QUOTE(trust4you @ May 17 2019, 05:32 PM)
nvm, 700 only what. still ok la
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haha biggrin.gif
some instance installment 5k rental 2k ma. that's example only ma
warface
post Jul 8 2019, 10:16 AM

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get rich quick scheme seems not working these days dy..
warface
post Jul 8 2019, 11:34 AM

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QUOTE(lightbulk @ Jul 8 2019, 11:35 AM)
I'm taking about fraud/scam
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guru is charging a fees for teaching this technique as if its 'legal' although its a loop hole.

 

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