hi all,
i need some advise from the bros here.
i am 40+, living in hdb, outstanding loan about 100k,
i am thinking of buying a private property to rent out (ec and new launches are out). i will continue to live in my hdb. max budget is 1.2m, loan tenure not more then 20years (to be fully paid before 65 years old)
i can clear my hdb loan so that i can take 80% or,
i keep existing hdb loan and take 50% loan for 2nd property.
what will u do if u were to be me? which area will u look at, wat size, will u buy now, or wait for the cooling measure to take effect etc..
i am a total noob on house hunting... need advise on how to kickstart property hunting..
thanks in advance.