Zeng Jun
Zeng Jun
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Foreclosure investing is going to be one of the hottest growth area in Singapore in times to come.
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The credit market is one of the factor that cause this financial slowdown. However one should not be impede from taking up a loan just because of this. Every coin has two sides. What you have seen is merely the bad side. The good side of it is, many wealthy individuals leveraged on loans and credit in order to make it big.
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It would be in your best interest to refinance your home loan right now, making good use of the low interest rates. You would not want to be making high installment payments during an economic slowdown. It is just not sensible to do so.
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One of the best way to raise cash is to mortgage your property. It is one of the cheapest and fastest way to secure your credit.
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Buying over an existing business is a smart move. The revenue starts running on the day you take over the business.
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A great foreclosure property investment often comes about with the co operation of a sound investment team. It is difficult to do it by oneself.