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I know somebody even the first 50k borrow from bank, only paid interest during construction. that is realy "Nothing Makes Everything". . z% M9 n5 o( T [& ^8 t0 PBut i have a question, if he can sell the house before possesion?
; H! d" ?# Z, q! i2 M 0 g: _" l) G, L0 _ V. p P50k is only the 12.5% of the price 400k 1 s# T1 S2 j) @# Z0 R" zto borrow 350k from bank,the gross income should be at lest 116k/year. Am I right?
. q9 ]8 H( B) q3 {4 ]50k is only the 12.5% of the price 400k% W( R2 T! R9 p
to borrow 350k from bank,the gross income should be at lest 116k/year. Am I right?