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Updated about 6 years ago on . Most recent reply

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78
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9
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Samuel Chua
  • Singapore
9
Votes |
78
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i am in a pickle and need help

Samuel Chua
  • Singapore
Posted

Good morning,

I am currently a student am hence, I am unemployed. I am also 18 years old with a small capital only. I am also from Singapore. I am interested in investing in the states. However, because of my unemployment and age, I am unable to get a loan from a bank which is currently the biggest problem here. I have talked to my parents about it but I also realized that since this will be their second property, they will be taxed even more hence, I would like to have some advice on what I should do to start my investment portfolio. Thanks!

Most Popular Reply

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6,241
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Aaron K.
  • Specialist
  • Riverside, CA
3,801
Votes |
6,241
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

Not sure why a second property would lead to more tax unless it is a Singapore thing.  Best thing you can do is get a job and put yourself on the path to being able to qualify for a loan otherwise you will keep asking how it is possible.  Sometimes the road most traveled is the way to go.

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