You want to ''as must'' be the investor, so you decide to buy an apartment with a loan, because your broker told you that if you buy that apartment with a loan, he can immediately find the person who would rent it and then the rent would cover your loan rate.
But what if he doesn't find anyone and your loan goes from month to month? Where are the costs of renovation, utility costs, loan, if the tenant is not found immediately? How many months can you withstand expenses without income, regarding your current financial situation?
You want to get rich quickly, and neither you nor your broker know anything about money, or maybe investing.
I hope that along the way you're, at least, learning about it or you have a good broker.
Sincerely,
Ivana Domović
ivana@verus-villam.com
+385 91 602 9220
