Outline ·
[ Standard ] ·
Linear+
Buying house with friend
|
TSwhippy
|
Jan 11 2019, 10:21 AM, updated 7y ago
|
New Member
|
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?
|
|
|
|
|
|
SUSfreeman1
|
Jan 11 2019, 10:30 AM
|
|
Definitely can... even no blood relation also can... problem is that u will definitely regret in future
|
|
|
|
|
|
murali20
|
Jan 11 2019, 10:30 AM
|
New Member
|
legalize gay marriage
|
|
|
|
|
|
TSwhippy
|
Jan 11 2019, 10:34 AM
|
New Member
|
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 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
|
Jan 11 2019, 10:41 AM
|
|
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? "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/
|
|
|
|
|
|
TSwhippy
|
Jan 11 2019, 11:02 AM
|
New Member
|
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/That’s helpful I guess :/
|
|
|
|
|
|
BelaCHAN
|
Jan 11 2019, 11:05 AM
|
|
Please, please, dont.
99% chance you will regret.
|
|
|
|
|
|
mini orchard
|
Jan 11 2019, 03:12 PM
|
|
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? 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
|
Jan 12 2019, 12:36 PM
|
|
Stupid by with friend. You will regret forever. Mark My word
|
|
|
|
|
|
shaniandras2787
|
Jan 12 2019, 04:18 PM
|
|
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
|
Jan 12 2019, 09:15 PM
|
|
Joint name with anyone is not a problem.
When 'no more friend' husband/wife, sister/brother also problem.
|
|
|
|
|
|
WaCKy-Angel
|
Jan 12 2019, 09:20 PM
|
|
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
|
Jan 15 2019, 10:30 PM
|
Getting Started

|
QUOTE(BelaCHAN @ Jan 11 2019, 11:05 AM) Please, please, dont. 99% chance you will regret. Friend become no friend Unless you guys draft out an agreement on how to sell or rent out the place, if not, better don't share with friend
|
|
|
|
|
|
AmIRight?
|
Feb 9 2019, 06:16 AM
|
Getting Started

|
please dont buy with friend. it is better dont buy at all
|
|
|
|
|
|
nexona88
|
Feb 9 2019, 11:48 AM
|
|
Huhuguh.. Never ever do that.. Friend can become enemy anytime soon 😴
|
|
|
|
|
|
Yggdrasil
|
Feb 10 2019, 08:42 PM
|
|
As others said, never buy a house to live in with friends. If for investment purposes, establish a partnership together or private company to do this. Do take note it's still risky especially your friend is bad with managing finances.
|
|
|
|
|
|
brkli
|
Feb 11 2019, 04:57 PM
|
|
legally, there aren't any problem.
but like most people had mention, sometimes things might gone bad and you are tied together by this property.
|
|
|
|
|
|
Leo the Lion
|
Feb 12 2019, 08:50 AM
|
|
QUOTE(whippy @ Jan 11 2019, 11:34 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? Compare with family.... with friend, it'll DEFINITELY be an issue. Unless you swear an oath for gay marriage with him
|
|
|
|
|
|
Harry_Bobinski
|
Feb 15 2019, 11:24 AM
|
|
QUOTE(mini orchard @ Jan 11 2019, 03:12 PM) 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. You forgot Bank of China LMAO
|
|
|
|
|