Buy a property wish cash today, What is your thoughts?
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 Sep 29 2020, 03:28 PM
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#21
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All Stars
14,511 posts Joined: Sep 2017 
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QUOTE(sapusapu @ Sep 29 2020, 12:52 PM) If can identify property at lower-than-market price by at least 20%, then go all out. Nowadays many properties selling at steep discount No matter at what price purchased, the first 2 to 3 years will have 0% returns on 100% cash invested. |
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Oct 30 2020, 05:21 PM
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#22
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All Stars
14,511 posts Joined: Sep 2017
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QUOTE(Dupecowardcovid19 @ Oct 30 2020, 04:47 PM) Buy all cash these days wont attract the attention of the authorities? Worried only if is underground money. |
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Oct 31 2020, 07:40 PM
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#23
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Junior Member
192 posts Joined: Jul 2016 From: Kota Kinabalu, Sabah 
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If you have the cash and knowing you are not going to use it for other major purposes, then why not? Just make sure you do your due diligence before jumping in with all your cash. Make sure you know what you are getting into.
But a reminder, set aside some cash for emergency use. You never know when you will need. It's not easy to cash out from property nowadays. |
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