http://forum.lowyat.net/ Mon, 03 Aug 2026 00:11:38 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/3389877 My friend hand a 1 acre land with a factory tenanted want sell to me at RM 1 million.<br /><br />1. May i know which bank will be more willing to do this type of property?<br /><br />2. The bank value can up to RM 1.8 million, may i know any way to finance 1.8*70% = 1.26 m (spa 1 m). Some told me the bank will only loan the lowest amount spa or value price. I want to cash out money and build another factory at the land.<br /><br />3. I do not want to do mark up selling because if 1.8m all the fees will be more than 100k. Any way to loan at valuation price not selling price.?<br /><br />4. Is it possible not doing SNP. I ask my friend do a MOT sell to me or give me the land as gift. At the same time, i apply for &quot; refinance 70%&quot; not &quot;purchase&quot; . To avoid loan restriction on snp price. After get the money, i will pay back to my friend.<br /><br />Thank you for advice. watertan88 Property Talk Sun, 26 Oct 2014 02:21:01 +0800