Asked by William Yeo
Hi,
My friends and I (altogether 4 persons) are planning to buy a condo for investment. Our concern are in 3 main areas:
1. Getting a loan from the bank - Are we able to get a collective loan since the property onership is now joint?
2. From your experience, how do people normally arrange this? Set up a company or just draft up an agreement?
Thanks.
My friends and I (altogether 4 persons) are planning to buy a condo for investment. Our concern are in 3 main areas:
1. Getting a loan from the bank - Are we able to get a collective loan since the property onership is now joint?
2. From your experience, how do people normally arrange this? Set up a company or just draft up an agreement?
Thanks.
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