Search results

That is a very good post by Redom and does highlight some additional benefits to OTP. It is true that you can get into the market on a very low amount and potentially get some nice equity which is much less time consuming than a reno strategy. You can definitely make money from OTP, my sister...

The cons far outweigh the pros. The pros are the market could increase and you gain equity for only a 10% deposit. Reduced stamp duty and higher deductions but the buck pretty much stops there. The cons. Market goes backwards and now you cannot get finance and lose your deposit. Or you need...