Alice Foo@Setapak: My friends and I wish to collectively pool our resources to buy properties. If any of us already owns two or more properties individually, will it affect our loan as a company?
RED: For company loans, Bank Negara‘s new guideline reduces the margin of finance to 60 per cent regardless of how many properties your company owns. By Michael Yeoh, financing consultant
Ask the RED expert: Please fax your questions to: 03-2283 1700 or email to email@example.com