facebookI have 2 Condos and 1 HDB, 1 condo rented out for 4k, HDB rented out for 2.8k, and I'm staying in one condo, I'm 55-year-old next year with an outstanding loan of 1.5 million. What should I do next? - Seedly

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Teo See Hwa

MArketing Associate at Propnex

07 Jun 2019

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Property

I have 2 Condos and 1 HDB, 1 condo rented out for 4k, HDB rented out for 2.8k, and I'm staying in one condo, I'm 55-year-old next year with an outstanding loan of 1.5 million. What should I do next?

Discussion (10)

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Are you trying to quit your job or want to continue in the rat race?

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I think that may drive the answer.

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But first and foremost, do the rentals cover your loans?

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Also, since you work at a real estate company - ask your colleagues?

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HC Tang

07 Jun 2019

Financial Enthusiast, Budgeting at The Society

Do what you've been doing. :)

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I believe you use the condo rental income to pay for itself for t...

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