A friend told me he is seriously considering selling his fully paid 5 room HDB flat in RCR to buy 2 shoebox apartments so that he could stay in one and rent out the other for cash flow. Hopefully, property prices would go up and he could benefit from capital gain by selling one.
I told him that he would be moving from being debt free to being indebted. There is no guarantee that the monthly
Have a fully paid HDB flat and make money.
![Have a fully paid HDB flat and make money.]()
Reviewed by Unknown
on
June 04, 2017
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