Can’t Afford It Alone? The Power of “Pooling”

The “Barkada” Investment Plan. You have 500k. Your best friend has 500k. Your cousin has 500k. Individually, you can’t buy much. Together, you have 1.5M Cash. That’s a 20% Down Payment on a 7.5M Asset . How to Bid as a Group PropertyAuctions.ph allows for Co-Ownership . When you register, you can name multiple individuals on the “Offer to Buy.” The Title: Will bear all names (“Juan Dela Cruz AND Juana Santos”). The Loan: Banks allow co-borrowers (usually immediate family, but some allow non-relatives for investment loans). The Rules of Engagement Before you bid, sign a private MOA (Memorandum of Agreement) : Who pays the monthly amortization? When do we sell? (e.g., “We sell in 5 years or if price hits X”). What if someone wants out? Scale Up Don’t let a small budget stop you. Pool your resources and bid on the Premier Tranche.