#CARA KIRA DSR SETIAP BANK FREE#

Your arguments about over-stretching, overly-geared, and abusing the tool is valid, but they do not negate the fact that debts are tools, and tools are good.ĥ. If you are financially incompetent when you have debt (and cash), you would also be financially incompetent when do not have debts.Ĥ. Whatever you do with that money is entirely up to you. Likewise, different people have different aspirations a lot of people get loans (mortgage-cash-back, term loan, personal, etc.) to get the cash to:ģ. To some, borrowing to extend their house is 'abuse' but if the extension is required due to family growing up, that is a necessity.Ģ. As I mentioned earlier, 'abuse' have different meanings to different people. Just keep to the tried and tested method of buying one and selling one property every year. Sold 3 of those properties at a loss but according to him he will still be positive even after selling at a loss due to the cashback.Īfter much taught I am too old school to do loan compression. Met a person who did it for 8 properties got 1 million according to him. You are advised to keep some of the cashback money in some fixed deposits to support loan repaymentĦ.

Note though those doing loan compression must be aware that even if you partition to rooms you still be on negative gearing for many years. Better if you are an experience investor who already has 2 or 3 propertiesĥ. It is an alternative way to raise business financing.Ĥ. He made a ton of money but brains like him are only 1 in 10,000 we are all probably not like him.Ģ. Alternatively I met this very smart commodities trader who used his 200k cash back from several loan compression deals to invest in silver. Once you get the money you are supposed to renovate the place and rent it out as rooms. If stories are to believe some as high as 100k per unit. The possibility of getting cash back is high not 10 to 20k but 30 to 50k range. Loan compression after speaking to a lot of people who have done it should only do if:ġ. But for those who are struggling to pay even just one property, I would say, good luck and all the best. If you have a lot of cash and holding power, this plan is completely fine. I've stopped visiting the guru after the first 1-on-1, after sensing some pushy moves to ride on their train to get the super profitable project. Well, of course, this is under the 1-on-1 session which every 'student' has to pay extra just to get the advise and road to become millionaire.

(Total investment is about up to 3Mil - Loan Compression all at the same time).

I have mates that somewhat trusted the guru fully, mind you the mate is having about 6 - 8k gross income, after some calculation the guru actually work out his plan to own 4 properties in one go. That's the package.Ĭut this short, actually imo, i dont think it is illegal but rather a loophole that some investors have practising for quite some time.

#CARA KIRA DSR SETIAP BANK FREE#

Basically, I did not learn much from the so-called loan compression, but if you want to learn more, feel free to top up few thousand more to go for the 1-on-1 session, AND THEN, everything will be pre-plan for you. Basically, they want you to high five each other, hyped up each other that you'll feel you had made the best decision in your life for going into his seminar, and you are on the road to be a millionaire (theoretically, you will own assets over 1Million). Just FYI, the guru has been trained by SR so you know their way of conducting talk show. Actually, I've 'invested' some money to this guru's tok show hoping to learn something extraordinary.

Cara kira dsr setiap bank