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Updated over 5 years ago on . Most recent reply

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Stevan Adzic
  • Sydney, NSW
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Australian investor - looking for cash out from existing prop

Stevan Adzic
  • Sydney, NSW
Posted

Hi All,

Quick background;

I own a property (single family home) in Kansas City, MO, I paid $42,000 USD for the property, settled Jan 2017

The property is owned outright with no debt, thus I’m exploring financing options (private/non conventional) to secure against this property in order to fund my next property purchase.

The next purchase will range from 25-30K USD, and will be in Kansas city.

What type of options are available?

Kind regards,

Stevan

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,207
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

right there in KC is Peak   talk to JP Souer

we also do this for many foreigners.  WE LOVE AUSSIE borrowers.. but these are non recourse loans you will not find a bank to make those low loan amounts on a rental to a foreigner.  they require PG

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JLH Capital Partners

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