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Buying a house with RM200k, what is my minimum financial status
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xen0
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Jan 7 2009, 02:37 PM
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QUOTE(b00n @ Jan 6 2009, 12:03 PM) Btw, it took me 4-5 years into my career before I can say I'm comfortable with my earnings to get a house (note the word house, not investment property). excuse me..what is the different between "to buy a house" and "investment property" ? im noob..and really wanna know.. thanks
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xen0
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Jan 7 2009, 02:55 PM
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QUOTE(work_tgr @ Jan 7 2009, 02:45 PM) I think, a house is a place to stay for your living and investment property is a place you bought for the purpose of earning money through resell with higher price or to let for the monthly rental. oic..thanks..
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xen0
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Jan 7 2009, 03:11 PM
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QUOTE(b00n @ Jan 7 2009, 03:00 PM) If you ask me, I will tell you that a house is a liability whereas if it's a property meant for investment; than it's a different story. Like I always advise although some might disagree with me, never treat a "home" as an investment as eventually it's a failed investment. Than again, it's only my opinion. can you explain more about that? coz im just about to buy a house and rent it.
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