I just saw a facebook advertisement saying they got a lot of commercial properties with $0. How do you do this and what are the risks? I thought need down payment for property? - Seedly

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Asked by Anonymous

Asked on 29 Dec 2018

I just saw a facebook advertisement saying they got a lot of commercial properties with $0. How do you do this and what are the risks? I thought need down payment for property?

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Always remember, whatever deals you see that is "too good to be true", there are risk involved.

From what we have discussed in Seedly Facebook, the issues with those $0 property etc falls under a few risk

1) Overleverage risk. 2) Payment risk 3) Interest rate risk 4) Tenant vs Payment risk 5) Capital lost for property bought risk

There are many ways to hedge all these risk, but you will need to fully understand before undertaking them. I am ill advice to let you know as I have not studied rental market much in SG (especially industrial and commercial).

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Kai Xin
Kai Xin
Level 3. Wonderkid
Answered on 08 Jan 2019

This can only be down through collaboration with others. Those with money,give money. Those with no money, give time.

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not everything you see can be trusted. alot of scams on facebook. Some even said buy bitcoin will be millionaire. Some ask to buy some mlm durian investment.

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