Is it really possible to purchase a house without any money?
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Thats what Robert Kiyosaki said..
I think he's trying to kid us manz.. -
do u have CPF?
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How to "purchase" anything without the use of money? But I suppose it's still possible to purchase something with payment in kind or even bartering..... so yes, Robbie Kiyosaki is right.........
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If you haven't already read this, go to . This guy successfully traded his red paperclip several times and ended up with a house! He went on the internet asking anyone to give him something of a greater value than his paperclip. After 14 trades, he got the house.
You have a red paperclip to trade? -
willing to give 1 big box of paperclips for a house, interested people pm meOriginally posted by blueheeler:If you haven't already read this, go to . This guy successfully traded his red paperclip several times and ended up with a house! He went on the internet asking anyone to give him something of a greater value than his paperclip. After 14 trades, he got the house.
You have a red paperclip to trade?
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You read too much, rich dad poor dad, alreadyOriginally posted by Advante_101:Thats what Robert Kiyosaki said..
I think he's trying to kid us manz.. -
YAH LAH TATS WHY I ASKING you all is it possible ?Originally posted by allentyb:You read too much, rich dad poor dad, already
He said that in this world You dun need money to make money
How true is tat?
I have wasted 4 of his stupid but high morale books liao knn.. -
Not even a single Real estate investor here ah?
Or any Capitalist ?
Or too selfish to share info ? -
Ok la ok la PM mi also can la
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Originally posted by valentinoo:do u have CPF? CPF also our $
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I read his book briefly before, but didn't complete it cos i got the gist of it. That is to change the way we view money.
Ok, on to your question. Is it possible to buy a house without money?
Thats a big no. You can't buy a house without money. BUT, you can buy and sell a house to make a profit without ever needing to place a downpayment.
Its called 'flipping', and this practice originated long before we were born, and it is happening around the world. Success stories of people making huge amounts of money are abound on the tv, magazines and the internet. Its true, it is possible. But generally speaking, not in present time.
This method of flipping properties for quick profits works only in places where people are largely ill-informed of the market rates, and such.
But in a well-developed country like Singapore, it will hardly ever work anymore because of our trusty property valuers and property agents with the latest information. This is evident by the failure of many speculators who booked properties in the marina bay area, in the hope of flipping within weeks or even days , but of course most failed to do so. -
Icic...Originally posted by industrie:I read his book briefly before, but didn't complete it cos i got the gist of it. That is to change the way we view money.
Ok, on to your question. Is it possible to buy a house without money?
Thats a big no. You can't buy a house without money. BUT, you can buy and sell a house to make a profit without ever needing to place a downpayment.
Its called 'flipping', and this practice originated long before we were born, and it is happening around the world. Success stories of people making huge amounts of money are abound on the tv, magazines and the internet. Its true, it is possible. But generally speaking, not in present time.
This method of flipping properties for quick profits works only in places where people are largely ill-informed of the market rates, and such.
But in a well-developed country like Singapore, it will hardly ever work anymore because of our trusty property valuers and property agents with the latest information. This is evident by the failure of many speculators who booked properties in the marina bay area, in the hope of flipping within weeks or even days , but of course most failed to do so. -
Oh yes, if the question was 'Can you buy a property for free?' Then i would say a big YES.
Assume that you invested in the stock market and earned money from it. Its effectively free money that you earned without ever working for it.
And if you purchase a property with your profit, in theory, thats a free property for you.
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Please be mine mentor..Originally posted by industrie:Oh yes, if the question was 'Can you buy a property for free?' Then i would say a big YES.
Assume that you invested in the stock market and earned money from it. Its effectively free money that you earned without ever working for it.
And if you purchase a property with your profit, in theory, thats a free property for you.