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Real estate
Taking a loan to buy land as investment
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[QUOTE="Jasmine, post: 192840, member: 49159"] I know a lot of people who have taken loan to buy land. Some people have made money, and others have made a huge loss. When you buy land, you will not profit from it immediately. You will have to rent the land to earn income or sell of to recover your investment. However, you will have to wait for many years before you can sell for larger profits. IN the mean time you will also have to pay back your loan. I do not think this is a good investment strategy. making money from investment mainly depends on the market. [/QUOTE]
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