Hi:

I am initially looking to buy a house with budget around RM300k with 90% loan from bank I am just nice to qualified.

Now my Relative from Thailand, wanted to sponsor me about 50% of the cost, but she wanted me to buy a bungalow instead of normal linked or semi-D, and the bungalow in my area are selling at RM500k and above...ok...even at RM600k, with his 50% sponsor I am still able to secure for a loan...now the problem is...when LHDN come and audit my purchase, will I be in deep trouble because technically speaking with my earning I am not qualified to purchase the house.

OK,thing has been changed.

Now instead of putting 50% downpayment, I am paying 100k as downpayment for a RM650k house...I can secure a loan from bank with installment of RM5k per month.
However, I definitely can't afford RM5k per month without sponsor from relative but I definitely can prove that I can afford 100k downpayment due to many 5 years working.

I've heard that if I get 80% to 90% of loan from bank, I will be safe from LHDN audit is this true?

The story is like this, my aunty (foreign citizen) wanted to buy a property and put my name as the owner, she has a business where she wanted to invest in property here so she could escape some tax in her country.

The monthly installment will be paid by her.

They will, I can provide them with FD statement as supportive document.

I have joint account with my father, several hundred thousands...already been there for about a year. I am also given privelege status on the bank, so I guess this is enough to secure me a loan.

My main concern is how to avoid audit from LHDN? I heard that if I loan 90% then LHDN will not bother to check, how true is that?