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Updated almost 4 years ago on . Most recent reply

User Stats

21
Posts
3
Votes
Sarah Singh
  • Rental Property Investor
  • Canberra, Australian Capital Territory
3
Votes |
21
Posts

Finance for Australians

Sarah Singh
  • Rental Property Investor
  • Canberra, Australian Capital Territory
Posted

Hi Folks

I’m an Australian investor with 8 properties in Memphis Tennessee I would like to refinance my loan on a 30 year loan. I’ve had a cashflow positive portfolio for 3 years now and I’m being refused finance as I don’t have an SSN as I’m not an American resident I can’t obtain this. In order to buy the properties I already put 25% down to begin with.

I’m hoping to establish a good relationship with some lenders out there as I’m launching a business to help other Aussies invest in real estate in the US. Financing is certainly a bit barrier to this.

Any advice or connects would be appreciated!

Cheers

Sarah

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