Hello, let's say we have 2 rental properties, bought from our money, not leveraged. the mother…
Peace,
Let's say we have 2 properties that are bought from our money, not leveraged.
Can a refinance be attached to a local resident LLC as a manager agent?
Will his combination allow us to obtain a refinance against the assets themselves only, under the terms of a local resident?
What else is important to know in this context?
Thanks!
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Definitely possible. I am a New York resident and I raise excellent financing in my name for investors from banks - 5 percent interest for 25 years - the banks are of course looking at credit, income, real estate history and more. Feel free to watch my lecture on the forum's YouTube channel from one of the meetings to understand exactly what banks are asking of a local resident and why not every local resident can get funding, and of course get to the upcoming meetup on April 14th to meet me and the rest of the forum experts. https://youtu.be/2TTNLvR6sXA
An investor of mine, not a citizen, bought 150's property for a thousand dollars and has now received approximately 65% refinancing
Wrong line of thought… Why go to the bank
US banks do not run to finance foreign residents
For example, I am an 10 partner in a building that holds 90% of foreign residents
We have problems to finance even though I am a resident with high credit