ASKING SEAN #052 | SHOULD I SELL MY PROPERTY AT A LOSS?

In this episode, we will address a question regarding selling property at a loss.  This audience is facing some difficulties to sell the property, and now he is considering to sell below his buying price. My take is first to rent out his current unit, either the entire unit to a tenant, or to divide them and subletting out the room individually. Although that might require more work but the return will be higher. If capital is a problem, I would suggest to utilize the zero interest installments available on e-commerce websites to furnish up those rooms to attract tenants.  Next would be to sort out the tenure of financing. I suspect that this audience might not maximize the tenure, hence he's facing some financial difficulty on making ends meet. If the intention is to get another unit for own stay, selling the property currently at a loss will not help the situation also.