http://forum.lowyat.net/ Tue, 21 Jul 2026 03:02:58 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/2043355 I have finished paying my 1st loan,10 years <!--emo&:hyper:--><img src='http://static.lowyat.net/style_emoticons/default/rclxm9.gif' border='0' style='vertical-align:middle' alt='rclxm9.gif' /><!--endemo--> And I&#39;m so happy&#33; At least I have my own nest even if I&#39;m unemployed......touch wood&#33;&#33;&#33;&#33;<br /><br />The next thing in my mind is buying the 2nd property.<br />I&#39;ve picked 3 properties; <br /><br />The 1st is a semi-d, freehold 500k <br /><br />The 2nd is a low cost flat, leasehold, sub-sale 130k good rental<br /><br />The 3rd is a low cost flat, freehold,sub-sale 70k good rental<br /><br />I heard that when a borrower had finished paying the first mortgage, the bank will lend the borrower 100% loan as a first loan.<br />Subsequent if I want to buy the 2nd property, the bank will lend 90% and if the 3rd property it would be 70% ?<br />Is it work this way?<br /><br />And now, how do I exercise my right to buy? I go for the most expensive property mentioned above to get 100% loan or just pick 2nd and 3rd property?<br /><br />Thank you for your opinion <!--emo&:D--><img src='http://static.lowyat.net/style_emoticons/default/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo--> <br /><br /> TheNew Property Talk Thu, 22 Sep 2011 22:54:52 +0800 http://forum.lowyat.net/topic/1754999 How do I know if the property is a value buy?<br /><br />The property is a leasehold apartment and have many amenities tenanted with students. <br />I never came across the price of the property in the same area shoot up 40k in less than 2 months <!--emo&:blink:--><img src='http://static.lowyat.net/style_emoticons/default/blink.gif' border='0' style='vertical-align:middle' alt='blink.gif' /><!--endemo--> . I am not sure if I am chasing the price. The rental is break even should I take up the unit.<br />May I hear your opinions? TheNew Property Talk Tue, 15 Feb 2011 17:13:08 +0800