Quote:
Originally Posted by memo123
buy somthing at 1600 now ready better than paying 2000 instalments for 2 years
just do NPV and u will see what big difference it makes
most importantly this money is jammed and cant use it in anything keeping it to use it for istalments so you earn nothing on it while waiting to pay for the next instalments , that is if you get stuck and cant flip it fast
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Much better if cash available, buy ready properties and gain instant ROI of 9% which of course excludes the appreciation.
Buying off plan is a big head ache at times. The projects tend to get delayed. I have 2 projects which are delayed by over a year
Regards
Roshan