Throttle2 Supersonic September 20, 2020 Share September 20, 2020 44 minutes ago, Ct3833 said: You are at the extreme long end lah, i can't even see you through my highest power telescope😀😀 No lah Daikor , i low maintenance eat wantan mee, chai png drive B&B car stay in 4 rm HDB. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 20, 2020 Share September 20, 2020 49 minutes ago, Wt_know said: kena "R" with a small windfall mai kay kiang and want to get rich quick ... here is the public service announcement for today article in ST Muayhahahahaha we repeat how many times already but people dont believe. Now gold price high, gold scams gonna come back. Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 20, 2020 Share September 20, 2020 52 minutes ago, Ginyu said: big difference between owning 10 properties with outstanding mortgage and holding 10 title deeds🤣 in MCF, no difference leh they like to say they own the property even though they still owe the bank 70% of the value. in fact, they sign the option they start ownership already. Rent in the pocket already. Huat wahahahah 2 Link to post Share on other sites More sharing options...
Roh96 6th Gear September 20, 2020 Share September 20, 2020 1 hour ago, Wt_know said: kena "R" with a small windfall mai kay kiang and want to get rich quick ... here is the public service announcement for today article in ST Wah this article says 34000 property owners already asked for deferment in payment. How long this scheme can last? Tiagong only up till October or December 2020. Next year how? When this deferment scheme stops, what is going to happen? Link to post Share on other sites More sharing options...
Ginyu 5th Gear September 20, 2020 Share September 20, 2020 30 minutes ago, Throttle2 said: in MCF, no difference leh they like to say they own the property even though they still owe the bank 70% of the value. in fact, they sign the option they start ownership already. Rent in the pocket already. Huat wahahahah Agree. Don’t understand y they are still proud of it when they still owe the banks. The rental income go to the banks not their pocket lei Link to post Share on other sites More sharing options...
Wt_know Supersonic September 20, 2020 Share September 20, 2020 (edited) 23 minutes ago, Ginyu said: Agree. Don’t understand y they are still proud of it when they still owe the banks. The rental income go to the banks not their pocket lei if you take loan to buy A180 .... that's bad debt if you take loan to buy 10 properties ... that's good debt ... hearsay, must take advantage of the low interest for the next 20 years .... no meh? i attended 10+ courses and webinars leh ... Edited September 20, 2020 by Wt_know 3 Link to post Share on other sites More sharing options...
inlinesix Hypersonic September 20, 2020 Share September 20, 2020 2 minutes ago, Wt_know said: if you take loan to buy A180 .... that's bad debt if you take loan to buy 10 properties ... that's good debt ... hearsay, must take advantage of the low interest for the next 20 years .... no meh? i attended 10+ courses and webinars leh ... If cannot service A180 loan, it will be bad debt. If cannot service 10 property loans, it will be bad debt. 2 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic September 20, 2020 Share September 20, 2020 (edited) 11 minutes ago, inlinesix said: If cannot service A180 loan, it will be bad debt. If cannot service 10 property loans, it will be bad debt. it's ok ... agents said ... plenty of Roberts to service your loan ... 10 years later ... the property is yours ... fully paid by Roberts .... no meh? . . . to be fair to agent ... the formula is right ... but the game cannot be played by everyone in fact ... out of 100 ... maybe less than 10 can play this game ... the problem is ... the other 90 thought so highly of themselves after TCSS by agent also want to be in the game .... Edited September 20, 2020 by Wt_know 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 20, 2020 Share September 20, 2020 1 hour ago, Roh96 said: Wah this article says 34000 property owners already asked for deferment in payment. How long this scheme can last? Tiagong only up till October or December 2020. Next year how? When this deferment scheme stops, what is going to happen? When the deferment stops, property prices will just go up more. 🤣 Link to post Share on other sites More sharing options...
Ginyu 5th Gear September 20, 2020 Share September 20, 2020 48 minutes ago, Wt_know said: if you take loan to buy A180 .... that's bad debt if you take loan to buy 10 properties ... that's good debt ... hearsay, must take advantage of the low interest for the next 20 years .... no meh? i attended 10+ courses and webinars leh ... Debt is debt la, think so easy to sell meh if cannot service. ? Then why there are so many bank sales or foreclosure cases🤣 1 Link to post Share on other sites More sharing options...
Icedbs Turbocharged September 20, 2020 Share September 20, 2020 37 minutes ago, Wt_know said: it's ok ... agents said ... plenty of Roberts to service your loan ... 10 years later ... the property is yours ... fully paid by Roberts .... no meh? . . . to be fair to agent ... the formula is right ... but the game cannot be played by everyone in fact ... out of 100 ... maybe less than 10 can play this game ... the problem is ... the other 90 thought so highly of themselves after TCSS by agent also want to be in the game .... Even if someone wants to be in the game, the choice is not his, unless he doesn't take loan. The choice lies with the bank. Only the bank can decide if that person qualifies for the loan to buy the property. And with TDSR, LTV, interest rate based on 3.5%, that eligibility is not low. So if we want to talk about property ownership through loan, it is not like anyone can just walk into a bank, take a loan and buy a property that is beyond his means. 1 Link to post Share on other sites More sharing options...
Enye Hypersonic September 20, 2020 Share September 20, 2020 1 hour ago, Roh96 said: Wah this article says 34000 property owners already asked for deferment in payment. How long this scheme can last? Tiagong only up till October or December 2020. Next year how? When this deferment scheme stops, what is going to happen? wah ... mcf property gurus already said defer payments not because cash flow problem lah ah gong nice enough to grant debt holiday, apply liao take the cash saved during this period and invest in other instruments to make another 50-100% capital gains property gurus jin smart one ... will never lose $ 👍💪 2 Link to post Share on other sites More sharing options...
Volvobrick Supersonic September 20, 2020 Share September 20, 2020 2 hours ago, Roh96 said: Wah this article says 34000 property owners already asked for deferment in payment. How long this scheme can last? Tiagong only up till October or December 2020. Next year how? When this deferment scheme stops, what is going to happen? Then they have to lelong and sell. Many MCF bros will buy full cash.....😅 Link to post Share on other sites More sharing options...
Windwaver Turbocharged September 20, 2020 Share September 20, 2020 2 hours ago, Roh96 said: Wah this article says 34000 property owners already asked for deferment in payment. How long this scheme can last? Tiagong only up till October or December 2020. Next year how? When this deferment scheme stops, what is going to happen? Run road 2 Link to post Share on other sites More sharing options...
Roh96 6th Gear September 20, 2020 Share September 20, 2020 Wah guru means guru. The answers i got here are.. 1) Property will go higher after deferment ends. 2) Make use of deferment to make 50% capital gains. 3) Lelong sales and let MCF bros buy with full cash. 4) Run road after deferment ends. 1 Link to post Share on other sites More sharing options...
Albeniz Turbocharged September 20, 2020 Author Share September 20, 2020 Xmm teaching how to make magic money from multiple properties. All of you mean Germaine from I -Quadrant ah? 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic September 20, 2020 Share September 20, 2020 4 minutes ago, Albeniz said: Xmm teaching how to make magic money from multiple properties. All of you mean Germaine from I -Quadrant ah? Chio meh? 1 Link to post Share on other sites More sharing options...
Ginyu 5th Gear September 20, 2020 Share September 20, 2020 1 hour ago, Enye said: wah ... mcf property gurus already said defer payments not because cash flow problem lah ah gong nice enough to grant debt holiday, apply liao take the cash saved during this period and invest in other instruments to make another 50-100% capital gains property gurus jin smart one ... will never lose $ 👍💪 am sure the banks will assess your eligibility for the deferment. They not so dumb lei. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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