Many people have accumulated substantial savings and are thinking of using it as a down payment to buy a property to be rented out.
They can take a loan from a bank for 80% of the purchase price and plan to pay the mortgage using the rental income. They are not aware of the high risk of this method of investing.
They can take a loan from a bank for 80% of the purchase price and plan to pay the mortgage using the rental income. They are not aware of the high risk of this method of investing.
This is explained in the short video on investing in a property for rental. www.tankinlian.com/learn
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