QUOTE(aaron1717 @ Jan 15 2019, 10:25 PM)
yea... VP professional term ma... depends on who using it aje... no need emphasize on it so much bro...

But we are talking about an investors language....Not a lawyers language here
Loan Compression, For Property Loan
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Jan 15 2019, 10:29 PM
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All Stars
20,146 posts Joined: May 2011 |
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Jan 15 2019, 10:30 PM
Show posts by this member only | IPv6 | Post
#362
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All Stars
10,188 posts Joined: Apr 2012 |
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Jan 15 2019, 10:34 PM
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All Stars
20,146 posts Joined: May 2011 |
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Jan 15 2019, 10:49 PM
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Senior Member
3,165 posts Joined: Feb 2015 |
QUOTE(BEANCOUNTER @ Jan 15 2019, 07:21 PM) freedom8901 Afaik, vacant possession means the unit is unoccupied and ready to move in. It does not mean the unit is vacant like no furniture and fittings etc. And, it is used both in new and subsale.Jan 4 2019, 12:46 PM Post #320 Can't wait for my 6 units compression VP, two coming soon this month with 6-figures cashout. Wish me fat piggy year! Would you use the term 'vp' for subsale purchsses? |
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Jan 15 2019, 10:50 PM
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Junior Member
306 posts Joined: Apr 2009 |
QUOTE(BEANCOUNTER @ Jan 15 2019, 03:34 PM) maintenance fee less than 200 but you bump up to 600?????? I am kiasi and kiasu, so I rather prepare myself to face the unpredictable deficit than being overly optimistic.you are either a very conservative accountant or a super smart salesman. i will avoid like a plague for any project that offer 'cash back' scheme. there is only one reason developer gives cash back....that is their selling price is way over market price and they cant reduce the price to sell, therefore they gave 'cash back' to buyers as incentive to move these units with original unattendable SPA price. Verdi is one great example.......and there is no surprise that verdi was named the honour of top 5 most lelong units in klang valley. By the way, my units are all subsales. I don't believe in project unless bulk buy |
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Jan 16 2019, 12:29 AM
Show posts by this member only | IPv6 | Post
#366
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Junior Member
438 posts Joined: Oct 2008 From: Goblintown |
Any compress expert from bank here ? I need help. I have a lot cash out projects i.e Jakex's project in Jiu Lai opposite MRT Taman Pertama. 800k for 2-bedder, 160k cash back. I'm considering to buy for my own
800sq ft 2-bedroom Breakdown:- SPA: 800k 90% loan margin: 3,500 per month of RM720,000 Cashback: Approx 160k Renovation: 40k Balance cashback: 120k Breakdown Airbnb for 3-bedroom: 5k during in Dec(peak season) 7/3 profit sharing with host after deduct utilities(water, electricity, and internet) ven my negative cash flow is -1k, I can tahan 160 months, or 80 months with conservative ? Resell when bank value back to 720k to breakeven my loan amount. Hit me: https://api.whatsapp.com/send?phone=6014390...cashoutprojects |
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Jan 16 2019, 09:24 AM
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Junior Member
306 posts Joined: Apr 2009 |
QUOTE(BEANCOUNTER @ Jan 15 2019, 04:41 PM) you need to re read what he posted again.... all 6 units will get cash back same time...….. unless he bought 6 subsale units in one go, all go for loan compression, all go for mark up...…. QUOTE(AskarPerang @ Jan 15 2019, 06:01 PM) Re-read back again. Still come to conclusion is talking about subsale property. Initially thought is 4 units at a go. But if 6 is really impressive. QUOTE(aaron1717 @ Jan 15 2019, 10:02 PM) this guys is talking about subsales wor... i rmb its about a property near sunway there one... also VP got used in subsales as well... alot of my frens' lawyers who bought subsales also used this term before key handover.... QUOTE(aaron1717 @ Jan 15 2019, 10:30 PM) maybe itu investor like to use lawyer lingual... That's right, all 6 are subsales going for compression and markup. Initially I going for 4, then got kangtao from my lawyer partner on a few leftovers completed developer units offering huge rebates to clear off their stock, hence:1. Two around Shah Alam (Developer Sofo units, VP 2. Two around Seri Kembangan (Medium cost apartment, VP around April) 3. Two around Sunway (Medium cost apartment, VP around July) Total 6 loh This post has been edited by freedom8901: Jan 16 2019, 09:31 AM |
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Jan 16 2019, 09:26 AM
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Junior Member
306 posts Joined: Apr 2009 |
QUOTE(pokeat @ Jan 16 2019, 12:29 AM) Any compress expert from bank here ? I need help. I have a lot cash out projects i.e Jakex's project in Jiu Lai opposite MRT Taman Pertama. 800k for 2-bedder, 160k cash back. I'm considering to buy for my own What help you need? Help to bulk buy your units?800sq ft 2-bedroom Breakdown:- SPA: 800k 90% loan margin: 3,500 per month of RM720,000 Cashback: Approx 160k Renovation: 40k Balance cashback: 120k Breakdown Airbnb for 3-bedroom: 5k during in Dec(peak season) 7/3 profit sharing with host after deduct utilities(water, electricity, and internet) ven my negative cash flow is -1k, I can tahan 160 months, or 80 months with conservative ? Resell when bank value back to 720k to breakeven my loan amount. Hit me: https://api.whatsapp.com/send?phone=6014390...cashoutprojects This post has been edited by freedom8901: Jan 16 2019, 09:30 AM |
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Jan 16 2019, 10:56 AM
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Senior Member
990 posts Joined: Jun 2016 |
QUOTE(freedom8901 @ Jan 16 2019, 10:24 AM) That's right, all 6 are subsales going for compression and markup. Initially I going for 4, then got kangtao from my lawyer partner on a few leftovers completed developer units offering huge rebates to clear off their stock, hence: you can open class already. better than adrian wee1. Two around Shah Alam (Developer Sofo units, VP 2. Two around Seri Kembangan (Medium cost apartment, VP around April) 3. Two around Sunway (Medium cost apartment, VP around July) Total 6 loh |
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Jan 16 2019, 10:58 AM
Show posts by this member only | IPv6 | Post
#370
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Senior Member
3,165 posts Joined: Feb 2015 |
QUOTE(freedom8901 @ Jan 16 2019, 09:24 AM) That's right, all 6 are subsales going for compression and markup. Initially I going for 4, then got kangtao from my lawyer partner on a few leftovers completed developer units offering huge rebates to clear off their stock, hence: Your 4 units subsale how much % lower than bank value oh? How about 2 units from developer? How many % cheaper than 1st launch price?1. Two around Shah Alam (Developer Sofo units, VP 2. Two around Seri Kembangan (Medium cost apartment, VP around April) 3. Two around Sunway (Medium cost apartment, VP around July) Total 6 loh |
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Jan 16 2019, 11:00 AM
Show posts by this member only | IPv6 | Post
#371
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Senior Member
3,165 posts Joined: Feb 2015 |
QUOTE(freedom8901 @ Jan 15 2019, 10:50 PM) I am kiasi and kiasu, so I rather prepare myself to face the unpredictable deficit than being overly optimistic. U r definitely not kiasi.. u r bo chai si! Ha ha... but buy subsale at huge discount is ok la...By the way, my units are all subsales. I don't believe in project unless bulk buy |
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Jan 16 2019, 11:11 AM
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306 posts Joined: Apr 2009 |
QUOTE(leodinouknow @ Jan 16 2019, 10:56 AM) Current promotion 1999, offer valid for today only. One dragon service help you compress 6QUOTE(aspartame @ Jan 16 2019, 10:58 AM) Your 4 units subsale how much % lower than bank value oh? How about 2 units from developer? How many % cheaper than 1st launch price? All 40% below market, oishiiiiii This post has been edited by freedom8901: Jan 16 2019, 11:12 AM |
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Jan 16 2019, 11:37 AM
Show posts by this member only | IPv6 | Post
#373
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Senior Member
3,165 posts Joined: Feb 2015 |
QUOTE(freedom8901 @ Jan 16 2019, 11:11 AM) Current promotion 1999, offer valid for today only. One dragon service help you compress 6 40% below market? Are you referring to subsales that just VP recently from developer handover or subsales in mature neighbourhood/condo? If got such good kangtau, please PM ya. Will pay referral fees. But ONLY for established matured market subsale ya, preferably freehold landed, condo will consider MK/hartamas/KLCC/PJ area.. All 40% below market, oishiiiiii If got 6 such units..then might consider a crash course from sifu first.. This post has been edited by aspartame: Jan 16 2019, 11:39 AM |
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Jan 16 2019, 11:51 AM
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Junior Member
306 posts Joined: Apr 2009 |
QUOTE(aspartame @ Jan 16 2019, 11:37 AM) 40% below market? Are you referring to subsales that just VP recently from developer handover or subsales in mature neighbourhood/condo? If got such good kangtau, please PM ya. Will pay referral fees. But ONLY for established matured market subsale ya, preferably freehold landed, condo will consider MK/hartamas/KLCC/PJ area.. If you got 6 such units with your criteria and the price tag, i should call you sifu firstIf got 6 such units..then might consider a crash course from sifu first.. |
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Jan 16 2019, 02:51 PM
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Senior Member
990 posts Joined: Jun 2016 |
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Jan 16 2019, 02:53 PM
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990 posts Joined: Jun 2016 |
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Jan 16 2019, 03:10 PM
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306 posts Joined: Apr 2009 |
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Jan 17 2019, 01:48 PM
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Senior Member
990 posts Joined: Jun 2016 |
QUOTE(freedom8901 @ Jan 16 2019, 04:10 PM) I newbie ma haha, joking la later got people report my post say I selling course no la, but got see his free video as reference. what im doing is $0 get the property, same as what you doing currently, just i didnt cash out the additional money. and doing one by one, not compress it. still on process learning too especially on tax reduction and rental income part.You went his course? I went preview he selling 4k+ buy 1 free 1 |
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Jan 17 2019, 03:00 PM
Show posts by this member only | IPv6 | Post
#379
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All Stars
21,458 posts Joined: Jul 2012 |
QUOTE(leodinouknow @ Jan 17 2019, 01:48 PM) no la, but got see his free video as reference. what im doing is $0 get the property, same as what you doing currently, just i didnt cash out the additional money. and doing one by one, not compress it. still on process learning too especially on tax reduction and rental income part. Your cards is reviewed. |
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Jan 17 2019, 03:10 PM
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Junior Member
306 posts Joined: Apr 2009 |
QUOTE(leodinouknow @ Jan 17 2019, 01:48 PM) no la, but got see his free video as reference. what im doing is $0 get the property, same as what you doing currently, just i didnt cash out the additional money. and doing one by one, not compress it. still on process learning too especially on tax reduction and rental income part. You keep buying despite LTV 70%? |
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