Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 4 years ago,

User Stats

5
Posts
1
Votes
Eduardo Nuri
1
Votes |
5
Posts

Loan for international buyer with already few properties

Eduardo Nuri
Posted

Hi there friends, this is my first ever post on this nice community I've been around reading for a while.

I'm from Argentina and I'am 30 years old.

I purchased my first 2 rental properties (condos) back in 2012 cash in Florida area, focusing on Cap Rate.

In 2014 I purchased 3 more, and In 2015 one more. All of them cash.

I'm pretty happy with the return, between the rentals and the appreaction I almost already doubled my investment.

But well, now with the LLC owning 6 properties, an income history of 5 years of rentals and the possibility of put them as collateral warranty if in the worst cases I cannot pay the loan. I want to know if with this maybe I can apply for a 25-30 yr loan, I am jelaous of the 2-3% rates for US citizens, I maybe will have to pay 6% but I've already found some nice properties that Cash on Cash with even 6% rates will have a 12% of return. while paying cash I will get only a 8-9% in cashflow. Also properties are raising 5-7% yearly so I am missing the leveraged income of revalorization in the loaned property. Anybody knowns if with this maybe I can apply for a loan ? I don't want to ask and the guy laugh on me hehe.

Thanks for reading in advice and have nice holidays!.

Loading replies...