House Buying Plan
September 29, 2007 – 10:32 amRecently, I wrote so many posts on real estate that my friend asked me if I have enough money to invest. Frankly, I do not. I would love to start by buying my own house first, though.
But the problem with buying is house or any property requires a long term commitment. Thirty years is too long for comfort. With my erratic income, I certain do not wish to be left in a lurch.
That’s why I am thinking to invest in high yield low risk investment schemes programmes that would help me to accumulate a lump sum of cash and then only buy a small house. Of course, I think it would be impossible to buy cash outright but I would be more than happy if I have more than 50% of the house paid up in cash and then pay the balance by instalment.
That’s my plan anyway. Luckily property prices are still reasonable here in Ipoh.
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