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Updated over 2 years ago,
Financing for LLC (managed from abroad)
Dear Biggerpockets
Please your help and guidance. Financing is needed for an LLC whose owner and administration are from abroad, the entire purchase process will be done without traveling to the United States. The guarantee is the property itself. The objective is cheap single-family houses for long-term rental, that do not require reforms or are minimal, not flips. Location under study.
Is it very difficult to get this type of financing?
What is the minimum loan amount?
Are there 30-year and fixed-rate loans?
LTV?
Thank you very much in advance!