UK to US loan and sellers financing, is my plan sound?

[J. Pablo Fernández]

I have one property rented out that is cashflowing nicely ($690 a month, Zillow valuation $83k) and now I want my second one.

I like in the UK, investing in the US, so, the usual lenders won't lend me any money on either side of the pond. I still intend to make this work though.

I have a limited company in the UK in which I have around $23k of profit that I don't intend to use for anything other than real estate investing. I want to lend that money from UK company to my US company. On the UK side, it seems the only request is that it's 2.3% interest and reasonable, so, 2.3% and 25 years, that's $100 per month. I know it's a long term and I end up paying $7k in interest or so, but I'm paying myself, so, I'm happy with that.

Then I intend to buy a $70k property using seller finance, plus the rehab, with my $23k. I still don't know what terms makes seller financing happen generally. I hope the deposit can be $10k or less and to use the rest for rehabbing and buffer.

I have a good job with a good salary, so, if things go south a bit, I can cover a bit of the payments with my salary.

My plan after that would be to attempt once again to get a lender in the US to lend me money on my two properties, one which I don't have any mortgage on, and the other which I would be essentially refinancing, and from there, buy my third.

I'm sure after my third, some of the potential investors I'm talking to will be more interested in my business.

Is this plan sound? Any tweaks?