Friday, 12 October 2012

BMV Properties

Attending sales talk and property investment courses are one of the best investment you could ever spend on yourself.

For example, one developer actually offered his unit for sale at 3 mil and gives a 15% rebate. That means if I get a 90% loan, I get 5% cash free and a unit under mortgage?

Is this too good to be true?

I did not bite. Subsequently, I understand that these are very common practise overseas that developer gives rebates and discount schemes. Even for subsales, private owners may offer you rebates. This really opened my eyes.

If you want to invest, you must work out the sums and study the market hard.

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