My brother loves the idea, he is really excited. Thanks to fellow forumers here who contributed with the idea.
What he likes most of the idea is the fact that he is still able to own a condo which is paid up and yet have the means to invest. He can tell his family and friends that he is exiting from his investment in his current old condo, which is located in CCR, which has not much upside potential and now invest in a very new condo in a growing OCR with lots of upside potential. Hence, by doing this, they will see him as an astute investor and he gains their full respect despite him being jobless.
Quote:
Originally Posted by Unregistered
Love your decision. When toppish, downgrade. Can always upgrade when you have a good job or when RE has declined.
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