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> Buying house with friend

whippy
post Jan 11 2019, 10:21 AM, updated 2w ago

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I'd like to know whether it's possible to buy a house with friend.
Also, we cannot lie that we're cousins because we're of different race too.

I'm guessing SPA no issue but may be hard to get loan from banks.

Anyone know if it's possible?
freeman1
post Jan 11 2019, 10:30 AM

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Definitely can... even no blood relation also can... problem is that u will definitely regret in future
murali20
post Jan 11 2019, 10:30 AM

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legalize gay marriage
whippy
post Jan 11 2019, 10:34 AM

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QUOTE(freeman1 @ Jan 11 2019, 10:30 AM)
Definitely can... even no blood relation also can... problem is that u will definitely regret in future
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lmao regret is a story for another day. with family also possible same issue will arise.
is there any bank known to have grant financing for people with no blood relation?
skylee18
post Jan 11 2019, 10:41 AM

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QUOTE(whippy @ Jan 11 2019, 10:21 AM)
I'd like to know whether it's possible to buy a house with friend.
Also, we cannot lie that we're cousins because we're of different race too.

I'm guessing SPA no issue but may be hard to get loan from banks.

Anyone know if it's possible?
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"There is no limit as to how many people can take a loan with you but you can only apply for a joint loan with your parents, siblings or spouse aged 18 years old and above but not exceeding 60."

http://www.starproperty.my/index.php/artic...ng-joint-loans/
whippy
post Jan 11 2019, 11:02 AM

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QUOTE(skylee18 @ Jan 11 2019, 10:41 AM)
"There is no limit as to how many people can take a loan with you but you can only apply for a joint loan with your parents, siblings or spouse aged 18 years old and above but not exceeding 60."

http://www.starproperty.my/index.php/artic...ng-joint-loans/
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That’s helpful I guess :/
BelaCHAN
post Jan 11 2019, 11:05 AM

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Please, please, dont.

99% chance you will regret.
mini orchard
post Jan 11 2019, 03:12 PM

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QUOTE(whippy @ Jan 11 2019, 10:34 AM)
lmao regret is a story for another day. with family also possible same issue will arise.
is there any bank known to have grant financing for people with no blood relation?
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MBB
CIMB
PBB
HLBB
OCBC
HSBC
CITIBANK
BANK ISLAM
RHB
UOB
STANDARD CHARTERED BANK
ALLIANCE BANK
AFFIN BANK
MBSB
AMBANK
BANGKOK BANK
BANK MUAMALAT
AL RAJHI
BANK SIMPANAN NASIONAL
BANK RAKYAT
ALKHAIR INTERNATIONAL
KUWAIT FINANCE HOUSE

You can ask any of the banks above. Shouldnt be a problem if banking records are good.

EXCLUDE Bank Negara.
airtawarian
post Jan 12 2019, 12:36 PM

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Stupid by with friend. You will regret forever. Mark My word
shaniandras2787
post Jan 12 2019, 04:18 PM

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QUOTE(whippy @ Jan 11 2019, 10:21 AM)
I'd like to know whether it's possible to buy a house with friend.
Also, we cannot lie that we're cousins because we're of different race too.

I'm guessing SPA no issue but may be hard to get loan from banks.

Anyone know if it's possible?
*
it's possible but not advisable because relationship don't last forever. try to think about this, what happens if both of you one day decided not to be friends anymore?
mini orchard
post Jan 12 2019, 09:15 PM

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Joint name with anyone is not a problem.

When 'no more friend' husband/wife, sister/brother also problem.
WaCKy-Angel
post Jan 12 2019, 09:20 PM

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QUOTE(whippy @ Jan 11 2019, 10:21 AM)
I'd like to know whether it's possible to buy a house with friend.
Also, we cannot lie that we're cousins because we're of different race too.

I'm guessing SPA no issue but may be hard to get loan from banks.

Anyone know if it's possible?
*
Possible
jimmyng
post Jan 15 2019, 10:30 PM

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From: Negeri Sembilan


QUOTE(BelaCHAN @ Jan 11 2019, 11:05 AM)
Please, please, dont.

99% chance you will regret.
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Friend become no friend bruce.gif bruce.gif
Unless you guys draft out an agreement on how to sell or rent out the place, if not, better don't share with friend

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