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A House for Investment

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  • A House for Investment

    Aside from my shop and stocks investments. I was able to purchased this property in cash that's quite a bit old already but the location is very accessible. I'm planning to make this as another investment ( house rental). And I wish to maximize the return of investment soon but I need to make some improvements first. The main problem is I do not have enough cash. Do you think a home loan is advisable or a personal loan for a renovation? Can I get a loan as much as $20000? What do you think? Would a loan sound like a good idea?
    Last edited by martingale; 08-09-2016, 08:49 AM.

  • #2
    The loan make you more cost to pay it. Saving is the best choice for now. You can buy more cheaper property, fix it and sell it with higher price.