AskGuru Q&A Community

Hi Andrew,

We need to consider units with good rental yield.

May i also request you to send me a text on 93380071  and i shall ask few Bankers to call on you. They would calculate the loan amt that can be lent for the second property.

Thank you,

Radhika Prakash
DTZ Debenham Tie Leung Read More

Hi Andrew,

How comfortable are you in taking up another loan and servicing it? The main consideration is your cashflow in servicing the additional loan and also if your next investment focuses on rental income, how comfortable are you in the situation whereby existing tenancy expires and you face a situation of a vacant unit in the worst case scenario?

Engaging professional bankers to assess your existing financial situation is the first step off the block for your intention therefore if you require any assistance, feel free to drop me a text via email or mobile.

Geryl LIM
CEA Reg R014783H
Email: lim.geryl@yahoo.com.sg
Mobile: +65-81577565  Read More