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Hi, We have a condo bank valued @ $1m with a remaining loan of less than $350k. We are thinking to buy a second property for investment but like to know:
1. do we need to have ready cash/cpf for the downpayment of 20% or we can get a loan over our existing property as downpayment?
2. for a budget of $900k, expecting a size of 1 bedroom, where is a good place for investment with good rental yield.

Thanks
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1 Answer

Lee Chun Peng Adnic
Hi,

Fellow agents has answered your questions about the cash and cpf.

Depending on your needs and want, we can talk and discuss to know better before, recommending you a property that more suits your investment apetitie.

Call me at 96722265  . Read More
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