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 Condo investment, How long to hold

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JoeK
post Jul 2 2020, 01:40 PM

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QUOTE(hioniq @ Jul 2 2020, 11:01 AM)
Cont hold and fully settle the loan, reserve the condo for own use
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already 3 years liao. at 2k per month, you already spent 72k just purely on holding the property only. shocking.gif shocking.gif

if want to sell, need to make sure your original price (373k) + your cost (72k) = 445k then only can breakeven shocking.gif shocking.gif

This post has been edited by JoeK: Jul 2 2020, 01:41 PM
JoeK
post Jul 2 2020, 01:59 PM

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QUOTE(hioniq @ Jul 2 2020, 01:56 PM)
Impossible, if I can offload this I will buy landed with hoc20. But I think nearly zero hope, so just cont hold condo and build up cash pool
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if continue holding, then you will be burning even more money hmm.gif

 

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