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Updated over 7 years ago on . Most recent reply

User Stats

147
Posts
87
Votes
Daniel Mills
  • Investor
  • Kusatsu, Shiga
87
Votes |
147
Posts

I maxed out my loans, almost!

Daniel Mills
  • Investor
  • Kusatsu, Shiga
Posted

Hi guys,

I am on loan number eight and I have two more in my sights. As I live in Japan and earn a pretty good salary, I am not doing anything unconventional, just buying with 20% down on properties I'm finding through agents and some turn-key. If I want to continue buying these types of properties, what are my options?  Any recommendations for private lenders that do long-term loans on market price properties or portfolio/commercial lenders?

Thanks,

Daniel

Most Popular Reply

User Stats

311
Posts
424
Votes
David S.
  • Investor
  • Prairieville, Louisiana
424
Votes |
311
Posts
David S.
  • Investor
  • Prairieville, Louisiana
Replied

As you already know, you must go portfolio or commercial after you reach loan #10.  Most RE investors have luck for small, community banks for these types of loans.  Since you are in Japan that would make that part difficult.  You would have to locate one in the next area that you would be investing in.

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