F2F Class Notes September 27th (Ben)

real estate = house / apartment

That is very ambitious = It's a big dream


It's an investment
positive = sure

I am positive = I am sure


the sole owner = the only owner
a credit = a loan

I will take a credit to buy my house.
I will take a house loan.

What is the rate of a house loan in China?
Are you ready to take a loan at this rate?


I have a short attention span
What will be the span of the loan?
I am not afraid of that

I took a mortgage on my apartment in Changsha

a mortgage slave = someone who must work a lot to pay for his house loan
I'm not very familiar with the real estate market
financial consulting


commercial real estate = offices, spaces in shopping malls, parking lots

I am going to apply for a mortgage, invest in an apartment downtown and then rent it to tenants.
The day you get married, you take a risk

The divorce was initiated by his wife

Some people just want to marry you for your money.
These people are very opportunistic
This woman was a gold-digger

My parents aren't divorced yet but they are separated.
They need to evaluate their property

I can get money from inheritance, but not from my parents' divorce, as I am not a part of their marriage.
A gold-digger will often try to make a quick buck.