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TOPIC: 6 Figure income but age limitation?

6 Figure income but age limitation? 1 year, 2 months ago #19207

i am nearing 55yrs. Working hard with minimum knowledge of gearing/leveraging.

I am 100% Debt free and owned 3 fully paid property.
I earned a monthly consultancy fee of Gross Rm20,000.

I wanna do something about investing this sum of spare cash.
If i wanna buy a Rm1,500,000 house. Assuming a Rm500K downpayment.
Questions:
1. Based on my age, how many years loan can a bank give me ?
2. Who can advise me on potentially income generating stream purely from property investment?

Thanks.
Last Edit: 1 year, 1 month ago by helpdesk.

Re:6figure income but age limitation? 1 year, 2 months ago #19250

Hi there,

Depending on the bank, you will be able to appeal for the tenure to be extended.

Please do feel free to contact me, as I have been in this line for sometime.

Regards,
Dhanesh
Senior Mortgage Specialist
Last Edit: 1 year, 2 months ago by helpdesk.

Re:6figure income but age limitation? 1 year, 2 months ago #19252

  • marvinteow
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Hi,

If based on your case, you still have very high chances to get your margin as you wanted.

I will send you in details how to do it. Please call me anytime once you have read the PM given information.

Thank you.

Best Regards,

Marvin Teow
OTS Group
Financial Advisor

Re:6figure income but age limitation? 1 year, 2 months ago #19253

Thanks...looking forward to receive any advice.

Re:6figure income but age limitation? 1 year, 1 month ago #19254

  • marvinteow
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Hi,

have you receive my recently sent PM for your solution:)

Thank you.

Best Regards,

Marvin Teow
OTS Group
Financial Advisor
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