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Hi, I'm planning to invest and purchase a commercial property at around 1150sft. My budget is 350k and I have cash of 100k. My annual income is 45k and i wanna build my passive income portfolio by leasing the property. In 2 years time, can i purchase another similar property? Will the bank loan me any more money since I have loaned once for the first property i bought?

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8 Answers

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Hi WY,

I think that Dylan has provided a very comprehensive drawdown on the questions you have posted, but I am very curious to know that you have identified the size of a property at 1150sqf to purchase. Have you already shortlisted this unit after viewing or is this just a guide? Also I noticed that you do have plans to increase your real estate portfolio in 2 years time but then there is no mention of your exit strategy from these investments. Understand that most low quantum commercial and industrial properties are leasehold, I am sure that to be able to decide when should you exit will be critical in your investment plan in order to roll on to another investment opportunity from the expiring one.

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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i got something which is suitable for you and you might want to contact me for more information

patrick lee
 93299559  Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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Hi Value Investors,

Assuming you are currently not a business owner. With an annual income of $45k = $3750/month.

Assuming you do not have any loan concurrently, you can loan up to $449,439(est) based on the example given above.

Do contact me at 84982913  to find out what your choices are. Thank you.

Regards,
Dino
Powerful Negotiators
Propnex Read More
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Hi WY
I have a 1485sf unit at 318k at the moment. Please call me at 91590393  . In fact i have a viewing tomorrow at 11am. Do come over if you are keen.
Grace Chua
OrangeTee & Tie
 91590393 
R058869I Read More
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