Asked by Daniel Koh
I m a divorcee of age 45, own a 4room HDB flat at Bukit Merah. I have a balance outstanding loan of around $15k, I intend to clear the outstanding loan and purchase a new condo together with my fiancee, can i rent out the whole hdb flat after the purchase? Does hdb allow?
she is 38 yrs now, CPF - $105,000/-, combine cash $40,000/-. Our combine income is only $6000. We intend to use the rental income to pay parts of the installments for the new purchase (estimated price at $700,000/-) is it too risky to do so ??
she is 38 yrs now, CPF - $105,000/-, combine cash $40,000/-. Our combine income is only $6000. We intend to use the rental income to pay parts of the installments for the new purchase (estimated price at $700,000/-) is it too risky to do so ??
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