Reborn as a landlord in Shanghai

Chapter 31 Who to Borrow Money From

Once the property certificate was issued, Mao Xiaoyu's first thought was to use it to apply for a loan. However, before applying for the loan, Mao Xiaoyu felt that she needed to make a fake property certificate and put it in her parents' safe at home.

After all, the money came from my parents. If I can't produce the property certificate for them in a couple of days, things will get a bit complicated. So, for the sake of peace at home, I should at least get a fake property certificate for my parents.

After all, for parents, having a property certificate is enough. They can't possibly use their property certificate to take out a loan or do anything else. If they want to take out a loan or do anything else, as the owner of the house, their parents will definitely have to discuss it with them. Then, they can find a way to get the real property certificate back and replace it with a fake one.

However, making fake property certificates now is different from 20 years from now. In 20 years, you can buy a property certificate for a few yuan on Pinduoduo or Taobao. Once you get such a property certificate, you can type some words on a computer and write down various information about the house to make it a qualified fake property certificate.

Of course, even fake property certificates are not foolproof. Anyone who knows computers can check the authenticity of a property certificate on the government's housing management bureau website. After all, the property certificate has a serial number, so it's easy to tell whether it's yours or not.

As for now, the only way to find out if a property ownership certificate is real or fake is to take it to the housing management bureau for investigation. Otherwise, you can't tell whether a certificate is real or fake just by looking at it.

After all, Pinduoduo hasn't been launched yet, and you can't buy this on Taobao. Ordinary people would hardly think of what use a fake property certificate would be, so there are very few fake property certificates.

But the fake property certificate was useful to Mao Xiaoyu!

Fortunately, there are phone numbers for these document processing services everywhere, so you can just pick one and get it done.

Moreover, the cost of making this kind of fake property certificate is not high. After all, there are different kinds of fake certificates, and Mao Xiaoyu is not making ID cards or various government documents, since those are illegal. If Mao Xiaoyu makes this kind of fake property certificate, at most she will be criticized and educated.

Moreover, she already had a plan. In order to make a fake property certificate, Mao Xiaoyu had saved the phone numbers of several people who made fake certificates on her phone. Now that she had the property certificate, Mao Xiaoyu made a direct call and the two parties arranged a meeting place.

After the two parties met, Mao Xiaoyu explained all her requirements, then gave the other party a deposit of 100 yuan. After waiting for about an hour, she spent another 200 yuan and received the newly made fake property ownership certificate.

Upon seeing the two property ownership certificates, Mao Xiaoyu exclaimed, "Just one is real and the other is fake, it's like heaven and earth!"

When the real property ownership certificate and the fake property ownership certificate are placed side by side, they look exactly the same. Because of Mao Xiaoyu's unique requirements, the address of the house and the form of the property ownership certificate are the same.

Of course, to distinguish the two, Mao Xiaoyu slightly altered the house's area. For example, the total area of ​​the house on the genuine property certificate is 115.21 square meters, while the total area on the fake property certificate becomes 115.12 square meters. The area on the two property certificates differs by only a tiny bit.

There's also the issue with the buyer. The name Mao Xiaoyu is correct, but there's a problem with the ID number. The first few digits are the same, but the last four digits are scrambled.

It can be said that this fake property certificate looks exactly like the real one to anyone, but it will be exposed as soon as it is taken to the housing management bureau. This is the kind of property certificate that Mao Xiaoyu needs most.

After all, if you're trying to fool your parents with this property certificate, they already know the location and size of the house—everyone knows it's 115 square meters. As for the 0.21 or 0.12 at the end, honestly, who would remember that? So even if they see 0.21 or 0.12, and it doesn't seem quite right in their head, they'd just assume they've misremembered.

There's also Mao Xiaoyu's ID number. Generally, the first 6 digits of an ID number are the area code, plus the person's birthdate, and finally, 4 digits are added to make up a person's ID number.

Mao Xiaoyu changed her ID number because she was afraid that someone making fake documents would get her real ID number and use it to do illegal things. Also, this way, it would be less likely for her identity information to be leaked to those who make fake property certificates.

Besides, what's wrong with changing a few numbers? In Mao Xiaoyu's view, parents only know their child's birthdate; as for the last four digits of the ID card, most people wouldn't know. So, as long as Mao Xiaoyu takes this fake property certificate back, she can guarantee with her hand on her heart that her parents definitely won't be able to tell the difference.

This was also Mao Xiaoyu's foolproof plan for forging property ownership certificates.

…………

And so, after a non-stop busy morning, Mao Xiaoyu finally obtained the fake property certificate around 1 p.m. According to the schedule, she should have been working on the loan application by then, but Mao Xiaoyu thought about it and decided to wait until the evening.

This loan is different from a regular bank loan. If it were just a regular bank loan where you would use your property as collateral, you could simply go to the bank to do the collateral work.

However, there is one problem: you can't get all the funds from the collateral. For example, with this property, the bank will only accept 60% at most, and at most 80%. If that's the case, Mao Xiaoyu can only get 300,000 to 400,000 yuan from this 450,000 yuan house.

This amount of money seems like a lot, but when it comes to acquiring dozens of demolished apartments, three or four hundred thousand yuan is simply not enough.

After all, with loans like these, you can only get 60 to 80% of the house price each time. The amount of money you borrow will only decrease as you go on the loan. By the time you've bought several houses, you won't have any money left to borrow.

Not to mention the loan processing time. Large banks sometimes take more than a month to disburse loans, and even if you want it to be faster, it still takes more than half a month. But there are only two months left since the demolition announcement. At this rate, it's impossible to disburse many loans.

Therefore, for this loan, Mao Xiaoyu directly ruled out loans from regular state-owned banks. After all, loans from regular state-owned banks are slow to disburse and the loan funds are particularly unfriendly to ordinary people, making them not the best partners for someone like Mao Xiaoyu.

This time, Mao Xiaoyu was looking for financial institutions with low lending thresholds, high loan estimates, and flexibility.

Such financial institutions might be hard to find elsewhere, but Shanghai is China's financial capital, home to over 1800 financial institutions with lending qualifications. So, it's not impossible to find the kind of financial institution that Mao Xiaoyu is looking for.

Moreover, there was no need to look for this financial institution; Mao Xiaoyu had already found one. And even more importantly, Mao Xiaoyu knew someone in the lending department of this financial institution.

Of course, the so-called acquaintance refers to Mao Xiaoyu knowing this person in her past life, and the two had a good relationship in that life, often fishing, eating, and bragging together. As for this life, the two have only met twice and are not very familiar with each other.

How to describe this person? He was quite a legend in his past life. His surname is Li, his given name is Mingyue, he is from Guizhou Province, and he is only 23 years old this year. Although he graduated from a 985 university last year, he was coincidentally recruited by a foreign financial institution last year and became a member of the lending department of this foreign financial institution.

Such a job is a dream come true for fresh graduates. He was quite happy at the time. After all, coming from such a poor place as Guizhou Province, being able to get this job was something that others could only envy. So he happily started working at this financial institution.

In 2005, a monthly income of several thousand to tens of thousands of yuan would have been enough for an ordinary person. However, after entering a foreign financial institution and gradually seeing the world, he became somewhat unwilling to accept a meager fixed salary after working as a loan officer for a period of time.

After all, there are millions or hundreds of thousands of yuan flowing through their hands every day, but this money is not their own. Others are using this money to live a life of luxury, while they can only earn a few thousand or ten thousand yuan a month, sleep in a rented room, and live the life of a beast of burden.

Anyone would find this mentality unbearable, so he started thinking about ways to change himself.

How do I put this idea?

It's not that bad!

He simply helps people who need loans by artificially inflating house prices to increase loan amounts, and in return, he receives a small cut.

This kind of thing is actually normal in the financial industry. Every bank has people like this. No, I should say that every loan officer does this kind of thing.

But when it came to him, everyone else was fine, but he was the one who got into trouble. As for why he got into trouble, it was because he released too much.

Perhaps because he's short of money, people who ask him for loans sometimes have houses that are far from their value, yet he dares to lend them more than they should, without even considering whether he can get the money back.

Because of the lack of control over these low-interest borrowers, the US experienced the subprime mortgage crisis in 2007-2008, and housing prices in Shanghai generally fell by 20%. While it was normal for other lenders to have one or two loans that couldn't be recovered, dozens of loans that he couldn't recover were unrecoverable.

Normally, they would just say he wasn't competent enough, and at worst fire him. But when the bank came to collect the debt, these people implicated him, accusing him of accepting bribes. Well, this time they really got into big trouble.

This is an industry consensus, and it wouldn't matter if we didn't talk about it.

But now that it's been exposed, and given that this financial institution was already operating at a loss due to the subprime crisis, what should be done now that one has jumped out? Of course, the answer is to make an example of it.

So eventually, this person was arrested, tried, and sentenced to five years in prison for causing the financial institution to lose tens of millions of dollars. As for whether he was the only one who did it, and whether the loss was that much, it is unclear, but the charge fell on him.

If this matter ended here, it wouldn't be considered a legend. After all, there are too many criminals in the financial industry, and this small case is nothing compared to the many much bigger financial cases out there.

But this person was different. When he was helping others with their mortgages, he didn't know what he was thinking. Instead of spending the money he earned recklessly, he found the ID cards of several relatives and used them to buy several houses in Shanghai.

Moreover, after buying these houses, in order to avoid forgetting to make repayments, or just in case, he put a sum of money in several bank cards for making regular repayments.

As for his property, he had no car, no house, and no savings. So when they caught him, they could only confiscate his belongings in the rented apartment where he lived. These junk items were worth only ten or twenty thousand yuan. It can be said that the financial institutions that sued him got nothing.

When he was released five years later, each of the properties he bought with the help of relatives' ID cards had appreciated two or three times in value. Ultimately, he was able to collect over 100,000 yuan in rent every month from those properties.

With that kind of money, he stopped working and spent his days eating, drinking, having fun, and fishing. He lived a more carefree life than Mao Xiaoyu in his previous life.

As for how Mao Xiaoyu and Li Mingyue met in their past life?

That's because Li Mingyue's current residence is in the same neighborhood as Mao Xiaoyu's father's barbershop. In her previous life, Mao Xiaoyu worked at her father's barbershop for four years. For three of those four years, Mao Xiaoyu shaved Li Mingyue's head. In addition, Mao Xiaoyu was the only one in the shop who was about the same age as Li Mingyue, so the two of them always had a good relationship.

In addition, after Li Mingyue was released from prison, Mao Xiaoyu was also cheated out of everything by his girlfriend and was also a slacker, similar to Li Mingyue. The two were birds of a feather, and since they both owned houses and had no pressure to repay loans, they often drank, fished, and boasted together. Therefore, Mao Xiaoyu knew exactly when Li Mingyue became rich.

Although the two of them are not familiar with each other when they meet in this life, Mao Xiaoyu believes that it doesn't matter if they are not familiar with each other. As long as he is the person and does this kind of thing, they will naturally become familiar with each other when they have a shared interest.

Therefore, when she had the property certificate, she was thinking of going to see him right away to talk about the loan. However, after the time spent making false evidence, Mao Xiaoyu's feverish mind cleared up.

In the end, Mao Xiaoyu decided not to go to him during the day, but to go to his rented apartment at night when she had time. After all, discussing things that went beyond the bank's terms and conditions in the bank could easily be detected by the bank's security cameras.

It doesn't matter much if these things are discussed in Li Mingyue's rented room. After all, you can talk about anything openly. More importantly, the time for Li Mingyue to do this is coming soon. Even if she doesn't ask him to do it, he will be persuaded by someone else to do it within the next month or two. So Mao Xiaoyu doesn't feel guilty about asking him.

More importantly, based on the other party's personality, Mao Xiaoyu believed in herself and had the ability to persuade him to lend her money.

…………

Perhaps due to financial pressure, Mao Xiaoyu worked tirelessly all afternoon, and by 7:00, the house she rented was already full of people.

Mao Xiaoyu didn't have time to stay there. She picked up the two property ownership certificates, left the rental house, went out to have dinner, and then rode her electric bike straight to Li Mingyue's rental house.