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Old 20-04-2008, 05:49 PM
Roshan Roshan is offline
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Join Date: Jan 2008
Location: Dubai
Posts: 863
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Quote:
Originally Posted by richie83 View Post
i went for the 15yr payment plan, since it means i put less money in over the completion period and i intend to sell before completion. the payments after the initial 30% are very manageable. of course you are charged interest but if you sell in 2/3yrs it does not equate to too much difference, and hopefully you will see enough capital appreciation to cover it and make a tidy profit. thats what i'm hoping anyway.
There we go. A cladssic case of leverage. Works extremely well if the numbers are right.

Regards

Roshan
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