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Hi, I believe the loan of the hdb unit is fully paid and that you are a local purchasing a 2nd property? Pls do note that the stamp duty payable will be at 10%. I would be most glad to assist you further and pls feel free to let me know if you need any assistance.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More

Hi there,
before we dive into looking for your next property, there are several things to consider. firstly we will have to work out your finances. the proceeds from your your sales as well as the loan and cash you would required for your next purchase as well as the timeline you should be looking at. Do drop me a call or e mail for a more detailed discussion on the above mentioned considerations and others before proceeding with your plan.
Cheers
Rix Jim
 9687 1379 
rix.jim@hotmail.com
Propnex Read More

Hi,

Before we look to purchase your desired property, can we meet up to discuss in depth on your finances?

This is very crucial before we commit to any property purchase.

My pleasure to assist you!

You can reach me at my mobile @ 96428496  .

Thanks and have a great weekend!

Warmest regards,
Alfred
DTZ
 96428496  Read More

Dear sir/madam,

It will be quite a tall order to borrow 80% and get the rental to cover the mortgage, although there could be remote chances of doing so. I don't think any salesperson will be confident to commit that you will be able to achieve positive returns from rental in this upgrade. If really looking out for positive cash flow projects with immediate returns, you may wish to look out for overseas projects where developers are giving out guranteed rental returns and sound exit strategy for you to liquidate when you are required to do so.

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Regards,

Geryl LIM
Real Estate Director
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Mobile: +65-81577565  /+65-92787772
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Morning,

To obtain 80% loan for $2mil, your monthly installment over a period of 30 year may easily be aroun $11k. With your idea to have the rental high enough to cover the monthly installment, it might be almost impossible. It would be good for us to meet up and work out the sums and feasibility on your purchase.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More