Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

202
Posts
87
Votes
Morgan Nilsen
  • Rental Property Investor
  • Sandefjord, Norway
87
Votes |
202
Posts

Refinancing advice for foreign investor needed

Morgan Nilsen
  • Rental Property Investor
  • Sandefjord, Norway
Posted

I am a foreign investor from Norway who just started investing in Indianapolis in 2016. I will invest $150.000 in Indianapolis over a short period, to buy 3 houses. I hope to approach a bank once my houses are rented and get a HELOC of $100.000 to aquire 2 more houses by the end of the year.

is this possible to do with my LLC, having 3 houses that are fully owned and a cashflow of 1000? I dont have a credit score as my company is brand new.

How do I realize my plan if its possible?

Most Popular Reply

User Stats

862
Posts
438
Votes
Darren Eady
  • Rental Property Investor
  • Lindon, UT
438
Votes |
862
Posts
Darren Eady
  • Rental Property Investor
  • Lindon, UT
Replied

I believe Peak Asset does loans for foreign investors and in Indianapolis, IN.  I'd look them up.

Loading replies...