Is it a good investment

[TechSri]

12 hours ago, Kootami said:

Conversion lo pothadi baa... ade ekkada you can buy 5 rental properties each around 80k (20%) down. 

Each property 350k-400k ( townhome)  so 80k down 

 

80× 5 properties == 400k . Total 1.7million worth properties .they will easily appreciate to 3-4 mill in next 5 years here . Appudu dollar rate ki compare chesko will be way more than whats in india

 

Already primary home meeda loan unte inko house ki loan vastunda with 20% down usa lo. Salary chustaru kada financer

[Kootami]

2 minutes ago, TechSri said:

Already primary home meeda loan unte inko house ki loan vastunda with 20% down usa lo. Salary chustaru kada financer

Yes, you are buying rental not another primary home , they will give

[TechSri]

18 minutes ago, Kootami said:

Yes, you are buying rental not another primary home , they will give

Where do we mention as rental property when applying loan. 
rent pokunda kali ga kooda undochu kada. Salary 120k anuko and already $380k loan undi anuko (primary home) , would they give loan for another home with 400k loan (after 20% down) 

[Bhiku_Matre]

Ltt

[Deadp0ol2]

Aa konededo west hyd side like kokapet gachibowli,  side teesko. Future lo return ayina panikiostadi

[Konebhar6]

5 hours ago, Kootami said:

They give for 20% baa

Ahh even after the 2009 housing crash? I remember reading banks needed 40% down for investment homes. Did not know you only need 20%. No wonder ppl are buying homes like crazy

[Kootami]

8 minutes ago, Konebhar6 said:

Ahh even after the 2009 housing crash? I remember reading banks needed 40% down for investment homes. Did not know you only need 20%. No wonder ppl are buying homes like crazy

Yup

[Kootami]

3 hours ago, TechSri said:

Where do we mention as rental property when applying loan. 
rent pokunda kali ga kooda undochu kada. Salary 120k anuko and already $380k loan undi anuko (primary home) , would they give loan for another home with 400k loan (after 20% down) 

Adantha tarvatha sangathi , first they give you loan woth 20% down.