If you buy a residential property for investment purposes from one of the banks(not Albaraka) say FNB. I buy it with all the money borrowed from the bank. Then I rent it out and the money from the rent pays for the loan and if there is a shortfall, I will accommodate it. However I have no intention of ever selling the property. In the 3rd year, I will start showing profits. I will keep the property for years.
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Question ID: 28816