How a 10 k investment can bring you 80 k in return ? For example : Book a 350k house by paying down payment for 10 k. New Project that introducing DIBS scheme. So meanwhile waiting for the house to be completed, you just pay the interest of the housing loan. Barely couple of hundreds. Once you get the house key , then only you will be paying in full. And let say you purchase the house in Jan 2013 for 350 k and by Jan 2014, you get to move in after it fully built. And the current market price is around 440 k . You sell the house for current market price and your return is around 80 k ( 440 k market value - 350k purchased value - 10 k down payment)
Posted on: Thu, 22 Jan 2015 09:17:33 +0000
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