i know old comment, but, as to which, you would have benefit from capital appreciation. And if you were smart, it was rented out to cover the loan payments.

sure can find one la.. just a matter of price & flexible in who you want as tenants..

This post has been edited by Liamness: Jan 21 2020, 09:20 AM

you think so easy to foreclose?

you need to miss payments at least 3 months.. then get issued warning letter.

takes you at least 6 months of not paying a single cent before the bank decide to take action..

at least a full year before it get listed on lelong.

at any time, the owner can make just one payment in the 12 months, and the lelong will be called off..

im a seasoned house owner. pretty much know SPA agreement through and through. Also know what the banks can and can't do.

anyways, house owning is pretty straight forwards.. just keep your margin of finance below 30% and you won't run into any difficulty with any of your loans..