i do not care 90% or 70%, as no down payment or very very low. it wont hurt my pocket

Wat can v expect fr a fun minizer who insisted on fund forex n now coins

Cristal Serin, Cyberjaya by Villamas:

Here presenting example of multiple submission project / compress loan + offer big cash out possible?
Many many lelong units incoming from here:







1. Pang - 6 units
2. Azril - 4 units
3. Tan - 7 units
4. Lim - 5 units
5. Teh - 6 units (all her units already sold in lelong at around 400k. minimum 250k lost for each unit)
6. Loke - 3 units
7. Mifzal - 6 units
I salute property guru/sifu and the Sales Agents that managed to sell them all units here.
This is trully die with massive debt. 

Thats why allways limit your property to 2x loans with 70% down.

Max 2x hse loan. I dont encourage more then 2x housing loan unless u can afford it,
I see alot of Msian frens, got 80% of their income into property, buying relying on cash rebate.

Its comes to affordability, pay hse installment is monthly for 30yrs or 5yrs before you flip is no joke.
Later buy susu for anak also got problem then how?  Bini can tahan or not? 
I have 4x property but all on loan and I have to eat karli with alot of rice like bangla everyday sounds good to you.

If u can afford, good for you but never buy above your affordability.

Yes. And i am counting on it to get cheap property.

Housing loan interest is amongst the lowest, if not the lowest form of finance from banks.

What sort of property monthly installment rm500 to rm800?
And this loophole of loan compression via multiple submission is fast closing. Some banks cannot be done anymore.

I cannot yet. This year end then can once my hse loan fully settled.

means rental cannot cover installment. Eg installment 2k you only rent 1.3k (market condition), so owner have to bleed RM700 every month.

And also if you are buying any property by cash and the developer hasnt fully claimed the final installments pls dont declare such asset.

It wont help in your assessment.

What was your intention for loan compression? To flip upon completion? For cash back?

Can your income sustain 3 housing loan? What will be your dsl for 3 housing loan?

In some countries, loan compression is considered loan fraud, could be jailed.

My parents friend also recently keep convincing them to do this. Find a buyer who is willing to sell cheap and then get banks to loan you at market price. Then will have RMxxx amount of cash to use. The property you bought can renovate to few rooms and rent it out to finance your loan or maybe can earn a bit extra from there.

Does all these even make sense? From my point of view I have to service this loans for another 30 years and I would need consistent rental income to sustain this otherwise I will be at the losing end. I will probably need about 10 years "extra" rental income to cover the initial extra cash that were given.

Yes you are right !

The extra money you anyhow also got to pay back in times with interest along the way.

This plan is workable provided you have constant full tenants and rental yield is good. In this case you might not need to top up for the loan installment monthly but the interest portion in the payment will still make u at the losing end.