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Sep 28, 2017 - 34 minute read

Ocbc personal loan interest rate

That is your only source of income from rentals. But if you have three rentals that have loans on them, one may go vacant, but you have two more that are bringing in money. When you have multiple rentals, you also have more diversification. If you happen to have one rental, you are more susceptible to neighborhood changes, storm damage etc.

With multiple rentals you have less of a chance of all your properties being damaged or hurt by other factors. You actually lose less money when prices go down with multiples properties. I know that may not make sense at first, but consider this.

Ocbc personal loan interest rate you buy three houses below market value for 100,000 (they are worth 125,000 when you bought them) and the market goes down 20 percent. Your houses would be worth 100,000 so you are not losing any money if the market goes down and you bought below market value. If you bought one house with cash below market value you would be in the same boat.

Ocbc personal loan interest rate

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Ocbc personal loan interest rate

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