sell hdb and buy 2 condos???? zhun bo?

[Johnrambo]

https://tinyurI.com/3prcl8b6

 

[Xisiqomelir]

More like make 2 downpayments and kena stuck with 2 mortgages!

 

[syed putra]

Banking on low interest rates. Also reason why stocks in US are cloud nine

 

[LITTLEREDDOT]

Wait until economy and property market turns down.
The sucker loses his/her job, got no money to service the loan repayment on the first property.
The rent on the second property drops, insufficient to cover the loan repayment or, even worse, there is no tenant and the second property is earning zero with loan repayment. The bank repossesses and sells the property; usually at a time when the economy and the property market is bottoming.
The sucker cries his/her heart out when the economy and the property market recovers and see how the property price recovers.

 

[Cottonmouth]

Sell cheebye concurrently?

 

[kaninabuchaojibye]

property agents sama sama same pattern with insurance agents, aka scammers...
they will end up meeting the creator sooner than the rest..

 

[sweetiepie]

KNN tam chia ter nao sinkies will ask for pm pls KNN

 

[laksaboy]

Wait until economy and property market turns down.
The sucker loses his/her job, got no money to service the loan repayment on the first property.
The rent on the second property drops, insufficient to cover the loan repayment or, even worse, there is no tenant and the second property is earning zero with loan repayment. The bank repossesses and sells the property; usually at a time when the economy and the property market is bottoming.
The sucker cries his/her heart out when the economy and the property market recovers and see how the property price recovers.

Divorce lawyers are going to huat bigly. Law students please take note, family law is where the dough is at.

 

[eatshitndie]

More like make 2 downpayments and kena stuck with 2 mortgages!

can turn them into chongqing chicken coop and rent them to wuhan whores. $3.69k per month.

 

[zhihau]

Altogether now!!! HUAT AH!!!

 

[aerobwala]

No mention of accrued interest charge ?

 

[bobby]

They never say properly...the 2 condos are in JB.

 

[red amoeba]

Husband and wife each buy one using proceed from hdb sale to pay downpayment. Didn’t include reno. Installment pay like crazy. Welcome to perpetual debtness.

 

[millim6868]

This is stupid way ,even if can buy 2 with 1 hdb, 2 person need to rent out 2 unit ,collect rent for instalment ,even if luxky all the way got rent but by the time service finish loan think already donkey years n 99 unit depreciate n get peanuts to cover interest on loan ,nothjng gain, kumlan,i know of ppl inthis situation , couple go out wallet n handbag on 10 each to spend per day , its true as many still put on a rich front

 

[millim6868]

also did u guys ever see couple living in old landed terrace ,yaya but every meal is porridge n maggie mee with just an egg each

 

[knnb40]

also did u guys ever see couple living in old landed terrace ,yaya but every meal is porridge n maggie mee with just an egg each

same having porridge and maggie mee with one egg, you want it at HDB or landed terrace ?