currently i have rm200k sitting in FD. i am planning to buy property which costs rm400k for investment.
my question is , should i take a 50% loan and use my FD to pay 50% downpayment?
or , take a 90% flexi loan then move my FD into the mortgage to reduce the interest payable ?

000022

apuneneh

drillz





--- edit ---
my general understanding is that , of course its better to take the minimum loan possible or no loan at all when buying a property . just pay cash if possible. in this scenario i forego the 4-5% annual returns that my funds are generating. but i skip the mortgage interest, valuer fee, legal fee, mrta.

of course i run the small risk of lhdn raising questions

This post has been edited by timidandslow: Dec 20 2019, 08:05 PM

all in bitcoin and HODL until it becomes $1m per btc.

if u got to ask, mean u don't have 300k

Show us 300k fd first then we can tok

All in Red color at Genting

YOLO

300k condo?? location mana??

Genting

Black or Red

>asking serious questions in /k
>money related
>so basically ts want to say he has RM300k in FD la
>ok layan je la tered TS multi-billionaire rise n grind 🔥💯

LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL

err u never buy property with cash unless u have some money trail to hide

i pay my taxes every year, why cant buy property with cash ?

can buy this 1, cheap2

If u have 300k in FD u won't be asking financial advice from /k la

Oh no registered Nov2019

I jio u join me investment. Dump 300k Monthly gives u return 10-15k. Pm tepi if interested

gip me, me is investment banker.

gip me 300k, i will tell you all the money is lost in 2 weeks due to volatile market condition couple with unpredictable market sentiment.

this investment is best of basic, meaning i tried my best, money lost is not my problem and not in my control. It is the market's fault.

property for sell or stay?
If sell, rip.

sekejap 300k, sekejap 200k.....topkek

Be my angel investor

tbh i have 6 digits each in FD, ASN, and some other investment funds.