View Poll Results: How many properties you have bought back?

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  • 0

    5 55.56%
  • 1

    2 22.22%
  • 2

    1 11.11%
  • > 2

    1 11.11%
Results 1 to 13 of 13

Thread: How many here sold too early and bought back?

  1. #1
    Join Date
    Feb 2011
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    8,926

    Default How many here sold too early and bought back?

    How many here sold too early and bought back?

    Buy back how many?
    Ride at your own risk !!!

  2. #2
    Join Date
    Oct 2012
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    460

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    Quote Originally Posted by phantom_opera
    How many here sold too early and bought back?

    Buy back how many?
    Bought back as in the same devt? Or sell and buy another condo almost immediately?

  3. #3
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    Feb 2011
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    Quote Originally Posted by sherlock
    Bought back as in the same devt? Or sell and buy another condo almost immediately?
    Anything other than ur roof
    Ride at your own risk !!!

  4. #4
    Join Date
    Apr 2010
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    2,067

    Default

    Sell hdb, buy back two pc counted or not?

  5. #5
    Join Date
    Apr 2010
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    29

    Default

    Bought my lst 99LH condo in the East Dist 18 in 2001, TOP 2004; still occupying it. Bought another FH condo in St Pat area early 2009; unit will be TOP in lst Q 2013.

    Dist 18 fully paid. Dist 15 is under gearing. Thought of selling Dist 18 and use the proceeds to pay Dist 15.

    Will be retiring soon with no passive income but with savings to take care of retirement expenses.

    I am thinking of few options:
    1) Sell Dist 18, pay off loan in Dist 15, then move over to Dist 15
    2) Use part of savings to partially pay down Dist 15 loan.
    3) Either rent out Dist 18 or Dist 15 to take care of the smaller loan
    4) Since interest is still at an all time low, not a good idea to fully pay off the loan. Should use the savings to generate better yield than the lower mortgage rate.

    Need some advice from experienced investors here in this forum.

  6. #6
    Join Date
    Apr 2010
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    Never sell.

    If you love staying at St Pat, move there and retire. Rent out d18 to payoff mortgage for d15.

  7. #7
    Join Date
    Apr 2010
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    29

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    Thanks Lee,

    This is in fact the first option that I am seriously exploring.

    You have reinforced it with your concise answer.

  8. #8
    Join Date
    Apr 2009
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    1,612

    Default

    Quote Originally Posted by leesg123
    Never sell.

    If you love staying at St Pat, move there and retire. Rent out d18 to payoff mortgage for d15.
    I concur, it's a nice area to retire and live life at a more leisure pace...

  9. #9
    Join Date
    Jun 2011
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    6,134

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    Quote Originally Posted by bakasa2002
    I concur, it's a nice area to retire and live life at a more leisure pace...
    yup surrounded by low rise so still ok...but $$$$...ah well whats good not cheap i guess...

  10. #10
    Join Date
    Oct 2010
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    2,094

    Default

    where is st pat area?
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

  11. #11
    Join Date
    Oct 2012
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    460

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    Bought a cluster in 2006 at D16... dirt cheap then

    Sold in 08 when the price when went up too quick and I let go too quick too

    Bought a FH back in 2009 and still holding on to it

  12. #12
    Join Date
    Jul 2011
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    Quote Originally Posted by roly8
    where is st pat area?
    This refers to East Coast Road near St Patrick's School (affectionately known as St Pats).

  13. #13
    Join Date
    Oct 2010
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    Quote Originally Posted by buttercarp
    This refers to East Coast Road near St Patrick's School (affectionately known as St Pats).
    thx Q, ms butter
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

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