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 Rent or buy shoplot to start a business?

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wayton
post Jan 14 2020, 03:51 PM

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QUOTE(ririruru90 @ Jan 14 2020, 02:20 PM)
I'm not sure about that...what if I just pay it lump sum without using a bank loan?
Would that be a better option?
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You still lose.out opportunity cost as the lump sum money which can generate interest like Fd or other return in investment.
That is why Bank seldom buy premise for their branches.

Also, there are cost and liabilities associated with property holding.

Not a good idea to pour large sum when you are unsure the business is viable or not at start.

 

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