Buy Below Market Value (easier said than done?)

As we mentioned previously, if you purchase $10,000 stocks, you own exactly $10,000 worth of stocks (clear cut point). If you purchase $10,000 Property using the leverage of 90% housing loan, you own $100,000 worth of Property right?

Well, above property is purchased on “retail price”, so call market price. What if you purchase a $100,000 property that happened to be worth $110,000 the day you bought it? Does it happen? The answer is absolutely! You just have to know where to find them!

Is it Great? You have just added $10,000 to your asset column in the form of equity.

Remember, you make money in Property when you buy, not only when you sell.

Tags: buy stock, investment property, Property Investment, real estate, real estate investment

This entry was posted on May 16, 2010 at 5:10 pm. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Posted in Property Investment by Yvonne Chong No Comments Yet