Quote:
Originally Posted by EtherC
Go for 3 rm resale, you can rent out 1 room to help pay off. Worst case lock 1 room and living room also can rent out. No need to wait until you have full sum before you buy. Some more unless you high pay, you get to enjoy HDB loan. Not many countries where you can become a home owner so easily. Better play your cards well.
|
everybody is thinking this strategy.
Saying is very easy.
where to find s many tenants to rent from u when economy is down?
nobody knows whats the climate like in the future.
and does TS reli want to be living with strangers forever?
its simplistic solution but not realistic.
the stress of different lifestyle habits with tenants can be overbearing.
imho TS better make sure he can service the loan without the need for renting out rooms before committing.
Only in worst case unexpected scenarios then adopt this approach.