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Updated over 8 years ago,
Refi suggestions for a foreign national.
So I have been having some challenges and wanted to throw this out there to see if someone had some good suggestions.
I own an investment property free and clear valued at $330k, good numbers, cash flow is strong, its a brand new vacation rental.
I want to refi, and get the cash out to keep moving with my growth, however because I am a Canadian here (U.S.) on a working visa I am noticing that I am having some issues with classic re-financing and getting 80% LTV as a lot of my U.S. citizen friends are able to do.
Does anyone have suggestions on how to re-fi my place and get a solid rate as a foreign national?
Thanks in advance for your time,
Kent