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 Loan Compression, For Property Loan

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aaron1717
post Nov 8 2018, 09:12 AM

Chui Shui in Property Manyak Best!
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QUOTE(pilotHans @ Nov 7 2018, 04:51 PM)

3. On another note, I wonder how to do on 3rd house onwards  hmm.gif  30% times let's say 3 houses is a lot of RM sweat.gif just for knowledge sake  biggrin.gif
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for projects that going to VP or already VP... usually u will get up to 30% cash rebate in the package... those properties can be use for loan compression also... gt 7 panel banks.. then you buy 7 units lo... and pray for the best all kena approved....
aaron1717
post Nov 8 2018, 09:14 AM

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QUOTE(leodinouknow @ Nov 7 2018, 05:58 PM)
compress loan only good when quota for 1st or 2nd meaning 90% loan. if this you cant understand yet, dont go deeper than this.

people take compress loan for 3-4property one shot, get 15-20% rebate on developer, then borrow 90% of loan, equal meaning to $0 cost obtain 4property and some cash back. the cash back can reach 100k above if you dare take the risk get more unit
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not really one... as long as u are interested in getting prop... if developer give until 30-40% rebate like m-city.... LTV70 still worth to use as loan compression... and your loan amount is essentially lower than those 90% takers...
aaron1717
post Nov 8 2018, 09:25 AM

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QUOTE(leodinouknow @ Nov 8 2018, 09:19 AM)
M city got so jialat?
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as long is mah sing punya project... u can wait for up to 30%-40% rebate once they completed and wanna clear developer units... their project very suitable for this kind of loan compression investors to play with no matter how many LTV u have currently... flex.gif flex.gif
aaron1717
post Nov 8 2018, 09:49 AM

Chui Shui in Property Manyak Best!
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QUOTE(leodinouknow @ Nov 8 2018, 09:30 AM)
meridin bayvue then sure jialat also? go into fundmyhome scheme
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all those that go in to fundmyhome scheme... u can be assure they are not good stuffs... brows.gif brows.gif
aaron1717
post Nov 8 2018, 10:55 AM

Chui Shui in Property Manyak Best!
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QUOTE(ManutdGiggs @ Nov 8 2018, 10:54 AM)
Defeating juv is gd stuff 😊
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hola juan mata~!
aaron1717
post Jan 15 2019, 10:02 PM

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QUOTE(BEANCOUNTER @ Jan 15 2019, 07:21 PM)
freedom8901

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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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....
aaron1717
post Jan 15 2019, 10:25 PM

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QUOTE(BEANCOUNTER @ Jan 15 2019, 10:23 PM)
Subsale is usually handling over key...

Not vacany possession.
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yea... VP professional term ma... depends on who using it aje... no need emphasize on it so much bro... laugh.gif laugh.gif
aaron1717
post Jan 15 2019, 10:30 PM

Chui Shui in Property Manyak Best!
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QUOTE(BEANCOUNTER @ Jan 15 2019, 10:29 PM)
But we are talking about an investors language....

Not a lawyers language here
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maybe itu investor like to use lawyer lingual... laugh.gif laugh.gif but quite sure he memang wanna compress subsales unit... studios nearby sunway forgotten wad name....

 

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