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Real estate
Real estate investment:Is the idea of loan to purchase land or house advisable?
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[QUOTE="Jasz, post: 211842, member: 61772"] When it comes to real estate investment, especially if you're thinking of taking out a loan to make the purchase, there are a lot of factors to consider. For example, you need to make sure that what you consider a "good deal" is actually going to see some good returns once it's sold. That means you need to look at things like past performance and demand for the area. Another thing you'll want to consider is exactly how much work you plan on doing yourself, and how much money you're willing to spend on repairs when they come up. Plus, there's always the option of renting out the house or land if you decide it's not worth keeping around. To determine whether or not to purchase a land or property is right for you, ask yourself these questions: What do I expect my return will be? How much work am I willing to put into the property? Will I be able to rent it out? Is this a good opportunity? If none of these questions are difficult for you to answer in a positive way, then buying land or property might be a good idea for your real estate portfolio. [/QUOTE]
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Real estate investment:Is the idea of loan to purchase land or house advisable?
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