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I have paid up for my property and have a fair amount of cash, and thought of investing in property. Can I put down a substantial downpayment and use the rental to service my loan? Or should I take a maximum loan since it is cheap?
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6 Answers

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It depends on how you look at it & your risk appetite. There is no right or wrong way to do it.

In my honest opinion, instead of putting all the money to reduce interest, you can make your money work harder for you by buying two properties. The rentals from the two properties can help service your loan & also appreciation in value.

Nonetheless, you should work out your finances, and have spare cash reserves, in the event that your rental properties are vacant in between tenants, etc. Read More
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Kevin Yeow 饶国威
Dear James Sundram
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Samuel Ngiam Thong Yeap
Hi,

We have a new project launching at UPper Changi Road (Flora Drive) this weekend. Prices are very affordable, beautiful facilities. From $466k for a one bedroom apartment to slightly over a million for a 4 bdr apartment. Very good rental yield low to low capital cost outlay. Don't miss this opportunity.

Feel free to contact me at 9851-2860  to register for the preview launch. You may also come down to the site marquee & our team will explain the development & rental potential in this area. No obligations, not to worry- CB Richard Ellis is a reputable real estate consultancy company.

Regards
Louise Lau
 98512860  Read More
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Hi, James, i have a freehold unit at D10 Bkt Timah near future MRT which may meet your investment objective. Pse get in touch if u want to find out more info. Thank you!

Melissa Ong
ERA Realty
 9168 9304  Read More
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