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Updated 7 months ago on . Most recent reply
Home owner loan/mortgage
I am a non US resident investor. I own a rental in Ohio and would like to increase my investment (purchase another one or maybe two).
I would need a long term loan or mortgage using my house as collateral. I have already spoken to various lenders, but the minimum loan offered ($100k+) and especially the LTV required make their offers unattainable at present. Is it possible to borrow with fewer constraints? Would any lender also consider properties held overseas?
Can anybody point me in the right direction? Thanks in advance for any suggestion.
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Remington Lyman
#1 Multi-Family and Apartment Investing Contributor
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#1 Multi-Family and Apartment Investing Contributor
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Remington Lyman
#1 Multi-Family and Apartment Investing Contributor
Agent
Pro Member
#1 Multi-Family and Apartment Investing Contributor
- Real Estate Agent
- Columbus, OH
@Chris Wharton can do a smaller loan
- Remington Lyman
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