ZERO DOWN Investment Strategy 3 – Power of Landlord
This Rent to Purhase option serves well for committed buyer, the merit to the buyer is that he or she knows the condition of the property well and has striked the purchase price beforehand, while the seller has got the commitment from the buyer through advance down payment installment through rental top up.
To have a ZERO DOWN, the balance payment can be funded through application for housing loan scheme through the Employee Provident Fund (EPF) which we will explain in details in the following article.
Where to find this type of landlord ? Consider talking to some landlord who close to retirement age, has children overseas, or those consider migrating overseas in 2-3 years.