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Condo investment, How long to hold
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JoeK
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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 already 3 years liao. at 2k per month, you already spent 72k just purely on holding the property only. if want to sell, need to make sure your original price (373k) + your cost (72k) = 445k then only can breakeven This post has been edited by JoeK: Jul 2 2020, 01:41 PM
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JoeK
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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 if continue holding, then you will be burning even more money
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