Thanks for watching Kenny:)

I am from Hong Kong exploring property investment options in Malaysia in particular at KL. From a foreigner perspective, can you brief me the following options in terms of loan arrangement, gross income, expense, nett return, surety / steadyness of return, taxation? a) buy-to-let b) buy to AirBnb c) buy and hotel-operated with "guaranteed return" for a fixed duration I am currently looking at several projects: 1) Agile Bukit Bintang, rebated price at circa RM1500/ft2, mostly for buy and AirBnb 2) The Conlay, price at circa RM1700/ft2, mostly for buy-to-let 3) The Allevia Mont Kiara, price at circa RM900/ft2, mostly for buy-to-let Looking forward to hearing from you soon. Thks

Glad you like it Aiman!!

Usually there's a minimum year of tenure before paying off, I think it's normally 7 years. If settle early then there will be a penalty. But please always check within your contract.

usually wont yeah as long repayment record is good and usage is below 50%

Thanks for watching Jim:)

if you did not sign the letter offer, you have right to surrender or reject the offer. Wont affect your future applicant it is ok

rental income bank take in up to 80%

Yes but you must have stamped tenancy agreement and 6 months of transaction proved by bank statements.

majority now bank use net pay to calculate DSR

Gotta declare the total sum of your income to the IRB and bank la

@@irfanhakimi2828 Income from dividends and capital gains are not taxable in Malaysia. If I declare it in the income column, it will be calculated as taxable.

Come on lahhh... Do you know how much he had paid for all these knowledge.? How much are you going to compensate for his FREE advise..?

if you just change job to new company for 2 month, you can try CIMB

Oh just noticed they don't do online registration anymore... I activated my account last year, fully via phone call and email.

The kiosk is available in AKPK offices nationwide too

@@louispang966 oh thx for the info. Will do just that.

if net pay over RM 3K some bank's DSR up to 80%, try CIMB

@@paultan2527 hi paul, may i knw for the LE commitment part, isit the existing loan commitment only or included the new loan (house that im going to apply). Video amount is RM500

@@puiyinchai1437 include new loan

Hi, how u register for OTP? I saw website need to go BNM to get 1st OTP to register the eccris

Appreciate it:)

Yupe! It saves so much time:)

I think so too hahahahaah:)

@@iherng Bro thanks for being so down to earth. I’ll hopefully be TheMakeoverGuy’s future client. Just found out you have promo code, so happy. Will quote you next time I contact them. Watched a lot of your videos recently, thank you, for the knowledge.

2K outstanding x 5% is minimum payment

@@paultan2527 thanks for clarifying 👍 I use credit card a lot for the convenience, probably need to start paying before statement instead of waiting for the statement (I do pay full whenever I receive the statement tho)

credit card is unsecure loan to bank, so risk calculation is tighten than bank yeah

You should try have a face to face to talk with the sales department in the bank. Rather than applying by yourself(online or the service give you pen & paper)They had guided me through on what I needed to do especially since I'm self employed. A plus is that you can also get connections with the bank staff, so you can ask any question regarding loan, like Rena.

oh I see.. thanks for the insight.. this happened like 3 years back.. I will try again in the near future.. thanks a lot :)

I have encounter issue like you for the credit card application, hence i still can make loan for my car (house loan idk lol). After loan approved for few months, bank offer me CC instead of making application lol

@@cyeng5121 some bank review repayment record for months or years and offer extra facilities such as credit card to client

yes it is. Know more banker friend then