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Updated about 5 years ago on . Most recent reply

User Stats

219
Posts
82
Votes
Alice Huang
  • Investor
  • Montreal, Canada
82
Votes |
219
Posts

HELP with Asset Based Lenders please - tricky situation

Alice Huang
  • Investor
  • Montreal, Canada
Posted

Hello BP Community!

Thought I would reach out for help as I am really struggling...

Situation:

- Canadian who does not currently own any assets in the US

- been traveling the world for the past 2 years so also no personal tax records

Really want to start BRRRR but I am having problems with getting non hard-money loans to long term hold the assets I want to acquire.

Spoke to some ABL and they will only lend if I had my own home in the US. I can't own a home as I can't get funding. So I am stuck between a rock and a hard place.

Anyone with similar experience?

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