The "Real Estate Questionnaire Board" is a forum where the president of Rich Road Real Estate Investment Co., Ltd. solves questions and concerns regarding real estate investment.
Look for questions that are similar to yours or that have solved your question in the past.
Question bulletin board
Question Title: My Home and Real Estate Investment
Currently a 5500-year-old office worker who recently purchased a new detached house and has a low-interest mortgage loan of 10 million yen in XNUMX. For XNUMX years, there will be zero income tax and resident tax benefits up to the deduction limit. Therefore, there is no tax benefit in purchasing new real estate with a loan.
Also, the 3LDK mansion (top floor corner room) where I lived before was rented for 10 million years ago at 16 yen per month because the living environment is outstanding because it is close to the station, and it is vacant for now Never. This is purchased immediately.
Rent income = mortgage payment, but in the future I want to make rent income = mortgage + living expenses + ..., so I am wondering if I should buy another real estate.
However, there is almost no down payment, so I am interested in things like full loan and over loan properties. So please let us know what you should consider when selecting such projects and how likely such projects will be in your company (3-6 per year).
Thank you for your question.
Thank you for your question.・Precautions when choosing a full loan (over loan) property ・Frequency of properties with the above possibilities We will answer these questions.As a way of looking at financing from financial institutions, we will look at it from two perspectives: the appraisal value of the property and the creditworthiness of the individual.While housing loans are given more weight to the individual, investment loans are heavily influenced by the evaluation of the property itself.Therefore, it is necessary to choose an investment property that is evaluated by a financial institution.As a general trend, the majority of financial institutions calculate evaluations based on roadside prices, so there are many cases where this applies if you are looking for an apartment building with a large piece of land.Also, as a major premise, it is very different from a housing loan, and it is extremely rare that a full loan or over loan is applied, except for customers who have considerable assets. .Even in cases where the property's appraisal value exceeds the selling price, in general, it is almost always required to have XNUMX% or more of the property's own funds for miscellaneous expenses and the property's price.
no Image
Answer staff: Rich Road Staff
