Sell 1 – Buy 2 (Or Even 3) Properties

What if you could not only buy one property after selling your existing one (perhaps through en-bloc?), but two or perhaps even three properties? Sounds too good to be true or you have heard this before and think it is a ‘scam’? Think again. Naturally this depends all on the numbers. If you have an ageing HDB that is losing its value with a high outstanding loan, have a low income and no savings, it will not work for you.

Conversely however if you own a fully paid up private property worth 1.5 million, it becomes fairly easy (with leverage, i.e. money from the bank) to do this. You could potentially buy two such 1.5 million properties (or 3 for 1 million each) and take 75% loan for the first one and 45% for the second one, and/or put one under the husband’s and the other under the wife’s name to minimize ABSD (see also Financial Strategies). Schedule your no obligations, free consultation now to find out more and help you do an affordability calculation. 

Keep One, Buy One More Property

You want to buy your next property (be it in Singapore or beyond as overseas investment), but don’t want to sell your current one (as in the scenario above)? Also no problem, if the numbers are right. Under our Financial Strategies page we have shared strategies to legally minimize ABSD and described how you can pull out equity  from your existing property so you can keep it, but have some cash in your bank account (sort of ‘selling without actually selling’ it). In the long-run (property is a long-term investment) if you keep doing this, you may potentially even accumulate a whole portfolio of properties over time. I have been using this method myself successfully, so I know it works.

All this depends on your individual situation and financials, so please do not attempt to do this yourself. Schedule your no obligations, free consultation to find out more.

Property Portfolio

If you already have a portfolio of multiple properties and are collecting passive income, it is important to properly manage it. This applies not only to the tenants, but also the properties themselves. Are they still matching your investment objective? Are they still right for you or should you sell one that perhaps used to be good when you bought it, but now does not perform well any more? How can you further increase your property portfolio and get the maximum return out of it (depending on your risk tolerance)? These are important questions to build your wealth that we’ll be able to help you answer, specific to your own individual situation and portfolio, so schedule your no obligations, free consultation.