Here I share with everyone the best real case example of loan compression / multiple loan submission.

4 units buy sekaligus with 4 different banks.
Now all 4 units in lelong market. All under the same owner.

No wonder I see so many empty and abandoned houses everywhere. This method can be bad for people who really want to buy first house and own stay (imagine buying a condo and half the tenants there did this loan compression method and failed, not only they will stop paying maintenance fee but the condo will soon go down in management and result it in becoming a shit hole).

No idea, it really depends on the management and community
Are you or someone you know going through something similar?

go big or go broke

there wont be home anymore.

House is not share/fx/getting

Tbey will check B4 1st disbursenent

Also depends on how kong btw the signing of loan agreement and b4 1st disbursenent

Zero difference found in guru vs fun minizer 🤣🤣🤣

Sound gd earns gd but just karma not too gd. 🙊🙊🙊

go big or go broke 
1.Loan Compression is unique to malaysia , i guess. yet it's risky, unethical, new regulations can appear in no time. or has it still been a loophole till today 

2. I do not have much knowledge on this, but im assuming one can only do on 1st /2nd house. (90% financing + cash back rebate) makes )% DP

3. On another note, I wonder how to do on 3rd house onwards    30% times let's say 3 houses is a lot of RM just for knowledge sake 

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...

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...   

all those that go in to fundmyhome scheme... u can be assure they are not good stuffs...   

exactly , thanks  :thumbsup:

i didn't say I knew a lot on this matter, did I  But like AskarPerang said one need to free up the quota. have only 1 loan servicing at one moment.
if 1st house already wanna do this thing, wow. so brave/gamble  one can imagine having to service 7 loans without any tenants for let's say 6months.
need to have cash in hand. definately not for the faint heart 

thats exactly what I thought at 1st glance 

If cash back could cover a few years of loan installment mean the snp price is highly inflated or price is at many years future. not sure, even 5 years down the road, snp price will be realistic or could be higher than market price.

There are ways but dunno how banks offered such terms boh
1. Dun pay  anything until vped. Meaning the interest occured during wip will add on to the loan amt.
2  pay progreasive interest while waiting for vp. The amount wont be that great, perhaps on average per year 2% only.
I think tis is what our guru by the name of Abe constantly talked about......apa building war chest...
There rarely any project offered 100% loan these days...maybe some special prima houses only

Some of these financial methods only 'playable'for certain times. I Seriously dunno if this loan compression thing still work in 2018 to 2020/21.

For the same reason, many joined money game.

In other countries, loan compression is bank fraud, a criminal offense.

Apa lu csksp?
Pay to who?

Usually no need undertable fee de. Just identify your project correctly and find bankers that u can trust and know how to do this. The timing is the most crucial here.

Importance of knowing ppl and building connection lo. If u play nice I’m sure sifus here are willing to share info.