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bank guarantee Thank you all for replying. Can you elaborate further on bank guarantee ? If I have given bank guarantee of 500k doesnit reduces my borrowing capacity ? Does it show up in my credit check report ?

We are 3 friends planning to buy a development site with rentable home which will be developed after 1-2 years and till that time it will be rented out. We want to buy in a structure in which we are not jointly and severally liable. Buying in a unit trust is our preferred option. In this...