₦airaland Forum

erico2k2:
That is what you think.the history nd father of electronics is in the UK . is best thought here

ephi123:
I have no doubt homes grow in value, my question is more about the advantage of cash down full payment vs leveraging the same amount.

ephi123:
Is that because they cannot easily get a loan from the bank leaving them with no option but to pay in full? What exactly is the incentive for them..

ephi123:
I beg to disagree.

How does demand/short supply make an investment safe after it's been fully paid for?

Using this same hypothetical scenario, the person pays $800k cash for the property with no fallback fund. Let's assume he/she loses the job/source of income, although there will be no mortgage payments or rent, other living expenses will still be there.

If the same person had split the $800k into 4, and used $200k each as a down payment for 4 separate properties, in the case of any unforeseen event, there would be extra income from 3 properties, and those income can even be used to pay off the main residence. Plus he could borrow more from the bank using any of those properties as collateral.

I know people have different risk profiles, but cash down payment in my opinion is actually riskier.

erico2k2:
I do get it but where I'm steering you to is this
In the west thier universities have the best of the best
Let me give you an example where is the best place in the world to sturdy elect elect ? Japan , us or UK or Germany ? ?

erico2k2:
Well since I live in London I rather go to Oxford cos it will cost me more to relocate to the US for Harvard .

ephi123:
I don't think you minimise risk by tying such an amount down. Infact, it's the reverse, especially if there is no fallback fund anywhere else.
Option 2 I see reason with.

ephi123:
Why would anyone with $800k cash even tie it down into a single asset when you can spread it around and leverage?

erico2k2:
How does the three u listed up there not available in the EU ? Ie Germany and France ?
And talking about EU . Are we talking Nigerians EU or Eu Eu ?

erico2k2:
What you are saying still done add up . Why would EU citizens come here to get student loans when thier own educational standard is cheaper than the one of the UK ?

erico2k2:
2nd . Loans are for full time student . So after getting your stay how do you propose to be a full time student ?
Coming from the EU to get a loan is now challenging cos of brexit

AimingIncognito:
Not me and you, go with ur wahala

AimingIncognito:
Carry your wahala and go

AimingIncognito:
Ohh, now i understand where you are coming from. Eeya,accept my sympathy

AimingIncognito:
Okay bro, now i feel your pain.
I'm not gonna start a nasty argument on a faceless forum, if you would like to express your "team-single-till-i-die-is-the-way-of-life-rule'', kindly take it up with the OP

Like i saidwrote earlier,i feel your pain brother, we've all been there. All the best. Please note the word is spelt It is 'marriageable'

AimingIncognito:
How old are you?
I'm talking to people within a 'marriageable' age with 'marriage' as their ultimate goal before jumping into a relationship with someone who wants something else.

AimingIncognito:
Ladies, BE SMART! I repeat: BE SMART.

The 3 compulsory-default questions in your "Getting to know you phase'' with any guy should be;

1. Are you married?
2. Is anyone married to you?
3. Please i'm begging you in the name of God, are you married?

UjSizzle:
See your head like white star apple

daretodiffer:
I don't think it is about materialism. Although some questions are not necessary but I cannot discard question 1 and 3. Some ladies fall for the location and could care less about how he makes his money. Some ladies who want responsibile suitors will choose not to fall in love with an obodo oyinbo guy if they knew certain things like means of income or immigration status.

Joavid:
I don't have a boo

Lexusgs430:
Are you sure you have not overdosed ?

Lexusgs430:
It was said tongue n Cheek ........

tolutweety:

Ma'am ,

Pm?

Titilayooni:
goodmorning sire,i sent u a pm...i just want to ask you some questions off the thread..thank you

Lexusgs430:
Our politicians don't do mortgage. They just present a debit card and swipe the whole $400,000

SnowJay92:
So using the credit card more and being able to pay on time, increasing your limit? And having more limit increases your ability to get say mortgage approval for instance?

ifyalways:
Done. Thanks

ifyalways:
Cool. We're fine.

Will send my recession might later tonight.

ifyalways:
Single mother as in divorced,widowed or just single mother

miketayo:
lol i meant with mnemonics and where did u study

miketayo:
so how far did u go?