Quote:
Originally Posted by Unregistered
I agreed with this comment.
Your networth of $2.4M including fullly paid residences, means that you have hardly much cash.
3 bedder condo worth in range of $1.5M, Malaysia prty $400K? So balance $500K cash?
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I did not value my condo so high as SRX did not but maybe I should.
Our cash plus OA combined about S$800k and we have IPA to borrow up to S$1.77 mil with tenure up to 75 years old. Extended tenure as loan can be less than 55% of buying price. But we would have to sell our condo to avoid absd.
Recession coming soon and we r still in SSD so will likely wait and see.